251 Chestnut Hill Ave
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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by Innovative Real Estate Solutions LLC | $204,900 | |
| Listed by Innovative Real Estate Solutions LLC | |||
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HIGHEST & BEST OFFERS DUE NO LATER THAN 9 AM ON 12/4. Offer must include signed multiple offer form attached to MLS. Vinyl sided 3-bedroom 1.5 bath bungalow style home with 2nd floor bonus room. First floor laundry. First and second floor enclosed porches. New roof, on demand hot water, oil tank, lighting, refinished hardwood flooring, some new windows in porches. This property is eligible under Freddie Mac First Look Initiative through 12/25/24 (30 days from List Date). Only owner occupant, non-profit and Neighborhood Stabilization Program (NSP) offers will be reviewed and considered during First Look. Seller will not allow more for than 10 Days for Inspections. Sold in strictly as-is condition. All offers must have Proof of Funds or Pre-Approval within last 30 days and a min deposit of $1000. ROW for neighbor over driveway on Chestnut Hill. Do not park in driveway located on Chestnut Hill. Access house from Crescent.
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| Feb 2, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017