24 Chestnut St.
About This Property
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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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed | $540,000 | |
| Listed | |||
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Home sweet home located in an ideal setting, on a tree-lined street, with sidewalks. Just a block from the Danvers Rail Trail, this beautifully updated home blends charm, convenience, and modern comfort. Enjoy morning strolls or bike rides along 4+ scenic miles connecting parks, schools, and vibrant downtown Danvers. At home, relax in your private, fenced yard or entertain on the oversized wraparound deck. A former seasonal porch has been transformed into a versatile bonus room, perfect as an office, while an inviting upstairs nook awaits your home library. Extensively renovated between 2013-2016 and impeccably maintained, this turnkey home is move-in ready. Plus, with local favorites like The Modern Butcher and Sawasdee just blocks away, the best of Danvers is right at your doorstep. Come see why this home is the one you've been waiting for and be prepared for love at first sight. Private showings by appointment.
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| Mar 5, 2019 | Sold | ||
| Sold | |||
| Jan 15, 2019 | Listed by A & S Realty Co., Inc. | $459,000 | |
| Listed by A & S Realty Co., Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017