311 Chestnut Drive
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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by Pecora Realtors | $339,000 | |
| Listed by Pecora Realtors | |||
| | |||
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Beautiful expanded open and bright Ranch style home featuring 3 bedrooms and 2 full bathrooms all on 100x100 lot. Kitchen includes a full appliance package, recently updated wall oven., ceiling fans, Corian counters and breakfast Island. Large family room with wood burning stove, skylight and sliders to large deck. Neutral paint color throughout home. Beautifully landscaped front and park like rear yard. Paver walkway, storage shed, fenced yard, 4 zone underground sprinklers garage door opener. Vinyl fence adorns the open front porch. ADT security system/Ring video camera. Separate side entrance with mud room. Home is one block away from the Laurel Harbor Yacht Club and is not located in a flood zone.. Enjoy all the Jersey shore has to offer in this beautiful single story home
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| Aug 13, 2020 | No longer available | - | |
| No longer available | |||
| Aug 12, 2020 | Relisted | $310,000 | |
| Relisted | |||
| Jul 5, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017