39 Chestnut Road
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 |
|---|---|---|---|
| Oct 20, 2023 | No longer available | - | |
| No longer available | |||
| Sep 23, 2023 | Listed by RE/MAX Realty One | $724,900 | |
| Listed by RE/MAX Realty One | |||
| | |||
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OPEN HOUSE Saturday September 23 - 10am-12pm. Showings to begin at Open House. This storybook A-frame getaway is quaintly tucked away among assorted pine trees on a generous .46-acre parcel that, from the very first glance, you know you have arrived in Maine! A large entertainment deck welcomes you to an attractive front entryway flanked by custom-made stained glass windows. Step inside to an open layout that has been cleverly updated to capitalize on available space. Fresh interior paint throughout, along with updated kitchen and bath enhance a relaxed and informal interior. Floor-to-ceiling windows drench a lodge-like design with natural light while cathedral ceilings provide an open and airy atmosphere. Wide pine floors and wood accents can be found throughout a 2-bedroom plan while a private balcony off the 2nd story bedroom offers a romantic treehouse experience. This coveted address offers expansion potential and investment / rental possibilities and is located just minutes to shops & restaurants of Ogunquit Village, world-class beaches, Marginal Way and all attractions north and south.
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| Dec 3, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Sep 17, 2020 | Listed by RE/MAX Realty One | $409,900 | |
| Listed by RE/MAX Realty One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017