246 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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by Lamacchia Realty, Inc. | $89,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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HIGHEST & BEST OFFERS DUE BY WEDNESDAY, 11/13 AT 2:00PM. Unique Non-Buildable Lot with Updated Garage – Ideal for craftsmen, tradesmen & artisans who are looking for a dedicated space to expand their work. This charming lot in Rehoboth, Massachusetts features an updated garage that's perfect for a wide range of trades, crafts and storage needs standing at approximately 1600 sq/ft +/-. Whether you're a woodworker, electrician, landscaper, mechanic, or another skilled tradesperson, this property offers a versatile and affordable solution for your workspace needs. While the lot itself is non-buildable for residential development, the standout feature is the well-maintained garage. It’s the perfect spot to store tools, organize materials, and carry out your craft or trade in a quiet, rural setting. Floor plan attached to listing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017