474 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 13, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Feb 3, 2026 | Listed by EXIT New Options Real Estate | $325,000 | |
| Listed by EXIT New Options Real Estate | |||
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This versatile five-bedroom, two–full-bath home blends space, efficiency, and future potential. The spacious kitchen anchors the layout, flowing into a welcoming living room with a cozy fireplace and custom built-in cabinetry. A finished bonus room in the basement adds valuable flex space—ideal for a home office, gym, or playroom. Major upgrades include 200-amp electrical service, maintenance-free vinyl siding, and solar panels that help keep utility costs low. Enjoy the charm of a second-floor enclosed porch, plus the convenience of a one-car garage. Zoned as a two-family but currently used as a single-family residence, this property offers rare flexibility for future use.
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| Aug 17, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by Morin Real Estate | $249,900 | |
| Listed by Morin Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017