45 N Chestnut Street
About This Property
The thoughtfully redesigned interior offers a spacious living area with refined features like custom-built bay window seating and a seamless flow ideal for everyday living and entertaining. The kitchen features crisp white shaker-style cabinetry with patinated brass hardware, custom white oak shelves, generous leathered black granite counter space, and ample storage. New kitchen appliances include an induction range, microwave, counter depth refrigerator, and paneled dishwasher. The kitchen also features direct access to the back deck-perfect for outdoor dining. Windows throughout the home overlook a beautifully landscaped, naturalistic yard with flowering trees, shrubs, and mature perennials. The main level also offers a convenient dining area, a charming powder room featuring Morris and Co. wallpaper, wainscoting, and custom cabinetry, and a well-appointed laundry room with lots of storage and a new washing machine and dryer. Upstairs are three bedrooms and a full bathroom. The spacious primary bedroom offers double his-and-hers closets and three large windows. The systems have been updated as well including all new electric and a heat pump system installed in 2025 that provides whole home heating and cooling (with a high-efficiency gas boiler providing additional heat when needed). Newly installed maple hardwood floors and bespoke millwork throughout the house add historic character.
The spacious front porch looks out on evergreen shrubs and a Japanese maple tree, and the private, fenced backyard features lush landscaping, a wooden deck, and charming flagstone patio, creating a quiet outdoor retreat. Mature mulberry, apple, and serviceberry trees offer a sweet harvest every year. A driveway leads to a detached garage studio-fully electrified and currently used as a woodworking shop-with strong potential for conversion into an accessory dwelling. Between the garage, attic, and basement, storage space abounds.
Thank you for your interest! We are requesting best and final offers by Wednesday 5/13 at 5:00pm
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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 |
|---|---|---|---|
| Nov 6, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by Robert A. McCaffrey Realty Inc | $748,000 | |
| Listed by Robert A. McCaffrey Realty Inc | |||
| Nov 27, 2019 | Sold | ||
| Sold | |||
| Sep 7, 2019 | Listed by Harper & Associates Realty | $309,000 | |
| Listed by Harper & Associates Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017