355 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 27, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by Coldwell Banker Realty - Westwood | $1,050,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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A LARGE PARCEL OF LAND IN DESIRABLE WRENTHAM! This is a 78.9 acre lot that could accommodate a large subdivision of new single-family homes, with each parcel consisting of 2 acres. Another option for a developer would be to establish an active adult community, thereby vastly multiplying the homes permitted per lot. This parcel is in a lovely, well-established residential neighborhood. It has beautiful, wooded views throughout. The lot is located off Chestnut and Mount Street, close to Route 1A South, the Wrentham outlets, I495 and I95. This is a great opportunity for a savvy developer to create Wrentham's next cluster of dream, brand new homes!
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| Aug 22, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed by Coldwell Banker Realty - Westwood | $385,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017