406 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 |
|---|---|---|---|
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by Martinez Realty Group | $619,000 | |
| Listed by Martinez Realty Group | |||
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Fully renovated down to the studs, this three-bedroom, two-bath home effortlessly blends modern style with everyday functionality. The 1st floor layout opens up to a sunlit living room with high ceilings, hardwood flooring throughout, seamlessly flowing into a formal dining area, and a beautifully crafted kitchen with new stainless steel appliances, quartz countertops, & sleek subway tiled backsplash. A first-floor one bedroom & full bathroom provide ideal accommodations for guests or flexible living. Upstairs, the primary suite features two closets, followed by a third bedroom, & second full bathroom. This property also features a large 5+ car newly paved driveway, front porch, and wrap around yard - great for summer entertaining. This home is Energy Efficient with spray foam insulation, tankless water heater, new HVAC, & EV charger connection! New roof, electric, plumbing, siding, and basement with full door exterior access & laundry hookups.
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| May 1, 2017 | Sold | ||
| Sold | |||
| Feb 16, 2017 | Listed by Don Baker Real Estate | $249,900 | |
| Listed by Don Baker Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017