38 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 |
|---|---|---|---|
| Dec 9, 2011 | Sold | ||
| Sold | |||
| Jul 8, 2011 | Listed by Keller Williams Realty Evolution | $299,900 | |
| Listed by Keller Williams Realty Evolution | |||
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|
Charming & inviting older style Colonial in excellant area of Danvers...Near all schools, highways, and within walking distance to Danvers Square and Plains Park...Home boasts of newer 2nd floor with 9x12 bath...A terrific fenced back yard...four year old furnace and a 12x19 three seasons porch off kitchen that is ready to be converted to a family room. ...Welcome to 38 Chestnut St...A wonderful place to call home !
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| Jun 22, 2001 | Sold | ||
| Sold | |||
| Apr 9, 2001 | Listed by Keller Williams Realty Evolution | $249,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Address: 335 Madison Avenue, New York, NY 10017