31 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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by LAER Realty Partners | $599,900 | |
| Listed by LAER Realty Partners | |||
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Welcome to this charming Colonial home, offering a blend of character and potential! Boasting 3 bedrooms and 1.5 bathrooms across 2022 square feet, this home features high ceilings, hardwood floors, and a spacious layout waiting to be revitalized with some TLC. Find endless possibilities in the walk-up attic with additional living space, ideal for customization to suit your needs. The property also includes a wrap-around deck and an above-ground pool in the fenced yard, perfect for outdoor relaxation and entertainment. Located in close proximity to major highway access and downtown restaurants and shops, this residence offers both a peaceful retreat and easy access to amenities, making it a promising opportunity for those seeking a cozy home in a desirable location. Showings begin at the Open House on Thursday August 15th from 4:30 to 6:00 PM.
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| Mar 21, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017