291 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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Jan 14, 2023 | In contract | - | |
| In contract | |||
| Mar 19, 2022 | Listed by Century 21 David Smith R.E. | $670,000 | |
| Listed by Century 21 David Smith R.E. | |||
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Contractors/Builders, 5 Lots with approved Shared Septic System Design and Planning Board approval ready to go. Corner of Chestnut & Hammond Streets will have 4 lots, 5th lot is larger, several hundred feet off Chestnut Street. Lots range from .58 acres to 2.0 acres. Call today to request plans and information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017