1629 Chestnut Falls Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Price Decreased |
$529,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Nov 14, 2024 | Listed by WHY REALTY GROUP/KW Realty Platinum | $534,900 | |
| Listed by WHY REALTY GROUP/KW Realty Platinum | |||
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This ranch with an upstairs bonus room and amazing walk in storage has upgrades galore including a fence & screened porch / patio backing up to green space on a corner lot! Great outdoor living space! The solar panels with 25 year warranty reduce the electric bill tremendously (ask for printout showing historical info). Pocket office with granite is the perfect spot for working from home. Established phase of the neighborhood! You can't build a ranch this big for this price anymore in Wendell Falls!
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| Oct 8, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017