40 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 |
|---|---|---|---|
| May 17, 2010 | Sold | ||
| Sold | |||
| Oct 2, 2009 | Sold | ||
| Sold | |||
| Feb 26, 2009 | Listed by HomeFindersMA | $329,900 | |
| Listed by HomeFindersMA | |||
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Charming Gambrel Cape on wooded acre+. Totally renovated 2009 w/new maple kitchen, granite counters, tile floor, stainless appliances. Architectural quality new roof. 3 bedrooms w/hardwood floors. All new fixtures & tile in baths. Freshly painted interior, new carpeting. Basement newly insulated. Huge master bedroom. Large dining room with built-in china cabinet. Near Rte 85, 495, Mass Pike. DRIVEWAY ENTRANCE IS ON SMITH RD. Lock box side door. Will have new title 5 septic system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017