3107 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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by LAER Realty Partners | $635,000 | |
| Listed by LAER Realty Partners | |||
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This charming 3 bedroom, 1.5 bath farmhouse set on 51.1 acres of pristine farmland offers a unique opportunity. On the main floor, you will find a mudroom with wood stove, large bath with laundry, radiant heat flooring, separate shower and soaking tub, an eat-in kitchen, living area and sitting area with an enclosed porch to sit and relax and watch the world go by. Upstairs is the spacious primary bedroom with expansive walk in closet, 2 additional bedrooms, an office space and half bath. Imagine the endless possibilities, including the potential for 3 additional building lots. With this property is the prior Kendall Boot Shop, complete with its own fieldstone fireplace, electricity & 30 amp RV outlet. The oversized barn offers ample space for storage, hobbies, farm animals or farming equipment. This home is perfect for those seeking a peaceful retreat, hobby farm or future development opportunities. Don't miss your chance to own a piece of quintessential New England living
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017