38 Chestnut Cir #38
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%.
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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 11, 2023 | Sold | ||
| Sold | |||
| Feb 28, 2023 | In contract | - | |
| In contract | |||
| Feb 22, 2023 | Listed by Kinlin Grover Compass | $410,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
This lovely 2-bdrm, 2.5-bath townhouse is located at the back of the complex offering easy access to the Clubhouse, indoor and outdoor pools and tennis/pickleball plus there's fabulous backyard privacy of woods and pretty gardens. Many improvements have been made including new front windows and blinds, most appliances, front half of roof (2022) and attic insulation and stairs. The Colony is close to the bike path and centrally located in Brewster. A great location and wonderful condo!
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| Oct 3, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Listed by Kinlin Grover Compass | $289,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
Bright & beautiful unit with southern exposure! 2 full baths upstairs plus a gas Rinnai heater--a rare combo in The Colony. Backs up to woods & a grassy area for a very relaxing setting. Upgrades include laminate flooring on 1st flr., crown molding, recessed lighting, kitchen counters, fixtures, back splash, breakfast bar, microwave, slider, 2 windows in master, closet organizer in guest room, 2 toilets, & vanity in half bath. Extra window in eating area, 2 closets in master, & attic storage too. HOA fee includes fabulous amenities: indoor & outdoor pools, tennis courts, racquetball court, exercise room, shuffleboard, putting green, even horseshoes. Near bike path, Cape League Baseball, post office, schools, restaurants, bakery, bike shop, & fish market. Buyers/agents to confirm details.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2023
|
2 Bed
|
3 Bath
|
1380 ft²
|
$410,000
2 Bed
3 Bath
1380 ft²
|
$442,500
+7.93%
04/11/2023
|
Tracey Oringer
Kinlin Grover Compass
| |
|
02/22/2023
| |
2 Bed
|
2.5 Bath
|
1380 ft²
|
$410,000
2 Bed
2.5 Bath
1380 ft²
|
$442,500
+7.93%
04/11/2023
|
Tracey Oringer
Kinlin Grover Real Estate
|
|
08/04/2017
|
2 Bed
|
3 Bath
|
1380 ft²
|
$289,000
2 Bed
3 Bath
1380 ft²
|
$285,000
-1.38%
10/03/2017
|
Amy Harbeck
Kinlin Grover Compass
| |
|
08/07/2014
|
2 Bed
|
3 Bath
|
1380 ft²
|
$229,000
2 Bed
3 Bath
1380 ft²
|
$217,500
-5.02%
10/15/2014
|
Amy Harbeck
Kinlin Grover Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017