2101 Chestnut Avenue
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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%.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 15, 2020 | In contract | - | |
| In contract | |||
| Oct 8, 2020 | Listed | $1,985,000 | |
| Listed | |||
| | |||
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Wonderful Manhattan Beach home nestled in a quiet neighborhood with close proximity to shops, restaurants, beach and award winning school. This light and bright 3 bedroom plus 2 bath home has been updated with brand new hardwood floors, new Quartz kitchen counters, and new landscaping including a new sprinkler system. Great backyard ideal for entertaining and evening BBQ's. Steps to Meadows Elementary school, the Academy Pre-school and the newly renovated Manhattan Village mall. Includes approved & permitted plans to add an additional two bedrooms and three baths which would then make it a fabulous 5 Bedroom, 5 Bath home with approximately 3100 square feet of living space. Move-in immediately and begin your remodel ASAP without the hassle of having to get plans drafted and permitted. Enjoy Manhattan Beach living at it's best! The manager has listed the unit size as 1744 square feet.
| |||
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2020 | Listed by Bayside | $1,799,000 | |
| Listed by Bayside | |||
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About Eastside Manhattan Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017