38 Chestnut Street
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed | $799,000 | |
| Listed | |||
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OPEN HOUSE CANCELLED - OFFER ACCEPTED. Charming 3BR/1.5BA home with oversized family room and two car garage on the prestigious Chestnut Street in the BATCH school district. The first floor has a fireplaced living room, dining room with built ins, kitchen, half bathroom and mudroom with a few stairs up to the great room with walk in closet and private home office. The second floor includes three bedrooms and one full bathroom. Hardwood floors throughout! The unfinished basement has tons of storage, laundry and garage access. Newer oil tank and furnace. Quick access to the desirable back neighborhood of Chestnut Village. This one wont last! OFFERS DUE MONDAY MAY 5th at 5pm.
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| Aug 18, 2016 | Sold | ||
| Sold | |||
| Jun 7, 2016 | Listed by Classified Realty Group | $489,900 | |
| Listed by Classified Realty Group | |||
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Address: 335 Madison Avenue, New York, NY 10017