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185 Chestnut Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 9, 2005 | Sold | ||
| Sold | |||
| May 3, 2005 | Listed by Century 21 Spindler & O'Neil Associates | $415,000 | |
| Listed by Century 21 Spindler & O'Neil Associates | |||
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Lovely & warm updated cape on 1.33 acre lot overlooking Ipswich River. 1st fl fam rm, large formal DR, gleaming HW flrs, tile, recessed lighting, 9 ft+ ceilings (1st fl), built-ins, over-sized windows & much more! Newly finished LL w/2 rms (includes 3rd bedroom).Entertainment size deck overlooks private landscaped yard w/wild flowers & shed. 4 yr. old septic. Walk to parks, schools & library.
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| Mar 4, 2003 | Sold | ||
| Sold | |||
| Dec 28, 2001 | Sold | ||
| Sold | |||
| Aug 14, 2001 | Listed by Century 21 North East Homes | $309,900 | |
| Listed by Century 21 North East Homes | |||
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PRETTY 6 RM BUNGALOW W/LARGE ENTERTAINMENT SIZED DECK OVERLK THE IPSWICH RIVER. FORMAL LIVING ROOM & DINING ROOM W/9FT CEILINGS AND GLEAMING HARDWOOD FLOORS, 1ST FLOOR FAMILY ROOM AND MORE.
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