403 Chestnut Avenue
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 |
|---|---|---|---|
| Oct 21, 2023 | No longer available | - | |
| No longer available | |||
| Sep 23, 2023 | In contract | - | |
| In contract | |||
| Sep 23, 2023 | Price Increased |
$650,000
↑ $30K
(4.8%) | |
| Price Increased | |||
| Sep 15, 2023 | Listed by eXp Realty of California, Inc. | $620,000 | |
| Listed by eXp Realty of California, Inc. | |||
| | |||
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PRIME, CORNER LOT LOCATION AWAITS! Discover the allure of this charming South Redlands residence that has been thoughtfully renovated and upgraded to cater to modern living. As you step inside, you'll be greeted by inviting arched doorways that lead you into a space filled with natural light thanks to an abundance of windows. This 3-bedroom gem features a spacious living room with a cozy brick fireplace, seamlessly connecting to the kitchen, perfect for effortless entertaining and social gatherings.
The kitchen is a showstopper, boasting exquisite cabinetry, a stylish backsplash, and pristine countertops that elevate both form and function. Recent upgrades include new flooring throughout the home, fresh kitchen countertops, and an ample supply of cabinet space, ensuring convenience at every turn. The 1 3/4 bathrooms have been impeccably remodeled, exuding a sense of modern elegance.
Don't miss the versatile shed in the backyard, complete with electrical power, offering limitless possibilities for use. This unique property is situated in close proximity to the0 historic Prospect Park and is within walking distance of schools and downtown amenities, enhancing your lifestyle with convenience and charm.
Seize this opportunity to make this one-of-a-kind home yours today! Act quickly, as the seller has priced this gem competitively to ensure a swift sale. Don't miss out on this incredible chance to own a piece of South Redlands paradise! The manager has listed the unit size as 1286 square feet.
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| Dec 21, 2017 | Sold | ||
| Sold | |||
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About South Redlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017