217 Chestnut Drive
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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 15, 2021 | Sold | ||
| Sold | |||
| Jul 2, 2021 | Listed by Coldwell Banker Flanagan Rlty | $325,000 | |
| Listed by Coldwell Banker Flanagan Rlty | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | Price Decreased |
$344,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Mar 16, 2021 | Listed | $350,000 | |
| Listed | |||
| | |||
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Location, Location, Location, with a double Lot. Come and see this cozy Shore home conveniently located close to the Bay and Yacht club with lots of room for growth.This Home comes with a relaxing patio, a fenced in inground pool and is great for the summer!Sub- Dividable with due diligence. The manager has listed the unit size as 1112 square feet.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Ocean
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22121615
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017