44 Chester Way
About This Property
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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.
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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 22, 2018 | Sold | ||
| Sold | |||
| Sep 10, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $6,500,000 | |
| Listed | |||
| | |||
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A true Craftsman-inspired masterpiece. Lovingly designed and built by the current owners less than five years ago,this approximately 5800 sf home features a simple, timeless design aesthetic paired with modern convenience andusability. A stone's throw away from downtown Burlingame Avenue with its shops and restaurants, yet a world untoitself tucked on a quiet side street just one block long. The open kitchen, adjacent informal dining area and massivefamily room combine to create an incredible and unique great room space. A unique wrap around deck with twininset folding doors allows for an unsurpassed indoor/outdoor flow and sweeping views of the large, landscaped yard.Set on an approx 0.43 acre lot, the level, endless lawn area is set up for baseball, soccer or croquet...with waterbreaks made easy by the pop-up fountain along the side fence. A hidden basketball/sport court with lighting fornight play and tree house/play structure inspire fun and adventure for all ages. The manager has listed the unit size as 5805 square feet.
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| May 7, 2018 | Listed by KW Advisors | $6,250,000 | |
| Listed by KW Advisors | |||
Property Highlights
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About Northwest Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017