3 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 18, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by RE/MAX Real Estate Center | $450,000 | |
| Listed by RE/MAX Real Estate Center | |||
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Welcome to 3 Chestnut Street, a beautifully renovated Raised Ranch set on 1.96 acres of natural beauty! This wonderful home offers an open concept living room with cathedral ceiling + picture window for lots of light, custom kitchen with convenient island, S/S appliances, soft close cabinets, quartz counters + dining area w bay window – perfect for entertaining friends + family. Three bedrooms, bonus room for office/work-out room/playroom + updated full bath make this home a cozy + comfortable living space. Enjoy peaceful evenings on screened porch, surrounded by nature. A recently completed barn features 2 stalls + tack room, perfect for equestrian enthusiasts. Want fresh eggs? Chickens can be left as gifts or sellers can rehome them. Updates include 2024: barn, vinyl siding + hot water tank; 2022: energy-efficient windows. Take advantage of potential energy savings thru Clearway Community Solar (with approval). Don’t miss out on this perfect blend of rustic charm + modern amenities!
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| Feb 28, 2017 | Sold | ||
| Sold | |||
| Jun 3, 2016 | Listed by RE/MAX Real Estate Center | $194,900 | |
| Listed by RE/MAX Real Estate Center | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017