48
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20 Chestnut Drive
About This Property
A welcoming entry foyer leads to a sun-filled family room with soaring cathedral ceilings and a wood-burning fireplace, creating a dramatic focal point of the home. The oversized gourmet kitchen features a large center island, granite and marble countertops, abundant cabinetry, and an open flow to the dining and living areas, providing an inviting setting for everyday living and entertaining.
The main level includes additional bedroom space and a full bath, adding flexibility to the floor plan. Upstairs are three spacious bedrooms and three full bathrooms. The primary suite features vaulted ceilings, a generous walk-in closet, and a beautifully appointed primary bath with double vanity. A second bedroom also features its own en-suite bath, while the third bedroom is complemented by an additional full bathroom. Hardwood floors, skylights, and insulated windows further enhance the home.
The outdoor space has been thoughtfully redesigned and enhanced, creating an inviting extension of the home. The beautifully landscaped and fully fenced 0.63-acre property features a newly built gazebo and private patio, providing an exceptional setting for outdoor dining, entertaining, and relaxation.
The fully finished basement provides substantial additional space for recreation, a home office, fitness area, and storage. and access to East Hills Village Park and amenities, subject to applicable Village requirements. Located within the Roslyn Union Free School District, this distinctive property combines a comprehensive 2023 renovation, nearly 4,000 square feet of living space, expansive grounds, and a desirable East Hills location.
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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 |
|---|---|---|---|
| Aug 29, 2026 | Listed by Douglas Elliman Real Estate | $2,480,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2023 | Price Decreased |
$2,199,000
↓ $50K
(2.2%) | |
| Price Decreased | |||
| Aug 5, 2023 | Price Increased |
$2,249,000
↑ $999K
(79.9%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017