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205 A Chauncey Street
About This Property
The current configuration has four bedrooms, one and a half baths, and a massive backyard. This might be the perfect size for you, or bring your architect and contractor and explore the many options to expand. While the building is currently 1308 sqft, the maximum usable FAR on this 106 foot lot is 2782, offering several layout possibilities. Completely redone in 2005, it would not be hard to revamp the modern amenities already outfitted.
Gas boiler is less than five years old, roof resealed in 2017, new fencing installed in 2023. Property is sold AS IS.
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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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Compass | $870,000 | |
| Listed by Compass | |||
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About Northern Brooklyn
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Listing Courtesy of Compass
Last Updated: 2 years ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017