3575 Chestnut Pl #607
About This Property
three-bedroom condos include Energy-Star-rated appliances, in-unit washer/dryer, open living spaces, and large windows
for tons of natural light. This convenient location near I-25 and I-70 is ideal for commuters who want to be close to open
space, bike trails, public transit, DIA, local breweries, and more. The Burrell condos also feature LED lighting throughout,
and on-site solar panels to help offset Common area utility costs. The Burrell Condos are not just a place to live; they're a
tribute to the legendary musician, Charles Burrell, whose timeless music continues to inspire us. These units are available
to individuals or households who meet set income and asset requirements through Elevation Community Land Trust's
permanently affordable homeownership program. 2023 maximum household income limits are: 1 person ($69,520); 2
people ($79,440); 3 people ($89,360); 4 people ($99,280); 5 People ($107,280). Visit Elevation Community Land Trust's
website for more information and to begin your application process. https://www.elevationclt.org/buy-a-home/. In
addition to the HOA Fee, every homeowner pays a monthly land lease fee of $100 to Elevation Community Land Trust
(ECLT). Owner occupancy is a requirement of purchase. A limited number of Type B ADA-convertible units are available.
Sketches, renderings, and photographs depicting lifestyle amenities, construction, and recreational facilities, unit finishes,
appliances, layout, size and locations, designs, materials, furnishings, views, plans, and specifications are proposed only,
and the developer reserves the right to modify to withdraw any or all in its sole discretion and without notice. HOA Dues
are estimated and subject to change. Up to $10,500 Seller Concession offered exclusively to buy down interest rate with
participating lenders.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2023 | Listed by Invalesco Real Estate | $240,000 | |
| Listed by Invalesco Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/03/2026
|
2 Bed
|
1 Bath
|
650 ft²
|
$240,000
2 Bed
1 Bath
650 ft²
|
$240,000
03/30/2026
|
Sherri Stinson
Invalesco Real Estate
| |
|
09/08/2025
|
1 Bed
|
1 Bath
|
448 ft²
|
$205,000
1 Bed
1 Bath
448 ft²
|
$205,000
10/03/2025
|
Sherri Stinson
Invalesco Real Estate
| |
|
08/30/2025
|
2 Bed
|
1 Bath
|
674 ft²
|
$240,000
2 Bed
1 Bath
674 ft²
|
$240,000
10/10/2025
|
Crystalle Guss
Invalesco Real Estate
| |
|
08/11/2025
|
2 Bed
|
1 Bath
|
650 ft²
|
$240,000
2 Bed
1 Bath
650 ft²
|
$240,000
10/15/2025
|
Crystalle Guss
Invalesco Real Estate
| |
|
06/05/2025
|
2 Bed
|
1 Bath
|
650 ft²
|
$240,000
2 Bed
1 Bath
650 ft²
|
$240,000
07/01/2025
|
Crystalle Guss
Invalesco Real Estate
| |
|
12/05/2024
|
2 Bed
|
1 Bath
|
674 ft²
|
$240,000
2 Bed
1 Bath
674 ft²
|
$240,000
12/05/2024
|
Crystalle Guss
Invalesco Real Estate
| |
|
10/07/2024
|
1 Bed
|
1 Bath
|
449 ft²
|
$205,000
1 Bed
1 Bath
449 ft²
|
$205,000
12/31/2024
|
Invalesco New Home Advisors Team
Invalesco Real Estate
| |
|
09/09/2024
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
08/29/2025
|
Crystalle Guss
Invalesco Real Estate
| |
|
09/08/2024
|
1 Bed
|
1 Bath
|
449 ft²
|
$205,000
1 Bed
1 Bath
449 ft²
|
$205,000
11/06/2025
|
Crystalle Guss
Invalesco Real Estate
| |
|
09/08/2024
|
1 Bed
|
1 Bath
|
448 ft²
|
$205,000
1 Bed
1 Bath
448 ft²
|
$205,000
10/03/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
08/13/2024
|
2 Bed
|
1 Bath
|
662 ft²
|
$240,000
2 Bed
1 Bath
662 ft²
|
$240,000
12/09/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
08/13/2024
|
2 Bed
|
1 Bath
|
674 ft²
|
$240,000
2 Bed
1 Bath
674 ft²
|
$240,000
09/12/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
08/13/2024
|
2 Bed
|
1 Bath
|
674 ft²
|
$240,000
2 Bed
1 Bath
674 ft²
|
$240,000
09/10/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
08/11/2024
|
2 Bed
|
1 Bath
|
662 ft²
|
$240,000
2 Bed
1 Bath
662 ft²
|
$240,000
08/13/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
07/26/2024
|
2 Bed
|
1 Bath
|
674 ft²
|
$240,000
2 Bed
1 Bath
674 ft²
|
$240,000
12/13/2024
|
Sherri Stinson
Invalesco Real Estate
| |
|
07/02/2024
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
12/31/2024
|
Invalesco New Home Advisors Team
Invalesco Real Estate
| |
|
05/30/2024
|
2 Bed
|
1 Bath
|
674 ft²
|
$240,000
2 Bed
1 Bath
674 ft²
|
$240,000
07/31/2025
|
Crystalle Guss
Invalesco Real Estate
| |
|
04/02/2024
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
12/09/2024
|
Sherri Stinson
Invalesco Real Estate
| |
|
03/07/2024
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
06/13/2024
|
Sherri Stinson
Invalesco Real Estate
| |
|
01/03/2024
|
1 Bed
|
1 Bath
|
449 ft²
|
$205,000
1 Bed
1 Bath
449 ft²
|
$205,000
07/23/2024
|
Invalesco New Home Advisors Team
Invalesco Real Estate
| |
|
03/01/2024
|
1 Bed
|
1 Bath
|
448 ft²
|
$205,000
1 Bed
1 Bath
448 ft²
|
$205,000
12/02/2024
|
Sherri Stinson
Invalesco Real Estate
| |
|
02/05/2024
|
3 Bed
|
2 Bath
|
1349 ft²
|
$328,000
3 Bed
2 Bath
1349 ft²
|
$328,000
06/25/2024
|
Invalesco New Home Advisors Team
Invalesco Real Estate
| |
|
11/30/2023
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
07/17/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
11/15/2023
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
11/07/2024
|
Invalesco New Home Advisors Team
Invalesco Real Estate
| |
|
11/15/2023
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
08/01/2024
|
Invalesco New Home Advisors Team
Invalesco Real Estate
| |
|
11/07/2023
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
12/17/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
10/31/2023
|
2 Bed
|
1 Bath
|
674 ft²
|
$240,000
2 Bed
1 Bath
674 ft²
|
$240,000
06/26/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
10/26/2023
|
1 Bed
|
1 Bath
|
449 ft²
|
$205,000
1 Bed
1 Bath
449 ft²
|
$205,000
07/11/2024
|
Angie Sudberry
Invalesco Real Estate
| |
|
10/11/2023
|
2 Bed
|
1 Bath
|
650 ft²
|
$240,000
2 Bed
1 Bath
650 ft²
|
$240,000
10/22/2024
|
Sherri Stinson
Invalesco Real Estate
| |
|
10/06/2023
|
1 Bed
|
1 Bath
|
448 ft²
|
$205,000
1 Bed
1 Bath
448 ft²
|
$325,000
+58.54%
11/12/2024
|
Crystalle Guss
Invalesco Real Estate
| |
|
10/06/2023
|
3 Bed
|
1 Bath
|
912 ft²
|
$295,000
3 Bed
1 Bath
912 ft²
|
$295,000
06/18/2025
|
Sherri Stinson
Invalesco Real Estate
| |
|
10/06/2023
|
2 Bed
|
1 Bath
|
645 ft²
|
$240,000
2 Bed
1 Bath
645 ft²
|
$240,000
09/30/2024
|
Angie Sudberry
Invalesco Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017