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 |
|---|---|---|---|
| Jul 20, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by Compass | $649,999 | |
| Listed by Compass | |||
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LOCATION, LOCATION, LOCATION! Think Nantucket, Martha's Vineyard - vibes! This charming cedar shingled bungalow home is in the heart of downtown Winnetka. Calling all 1st time homebuyers, down sizers, rehabbers, builders, investors! Not many of these wonderful opportunities exist or are left in Winnetka. 6 bedrooms and 2 full bathrooms. 1st and 2nd floor with gleaming hardwood floors, 4 bedrooms on 2nd floor and 2 bedrooms -master & additional bedroom (could be used for an office) on 1st floor with bathrooms on each level. Lovely living room with fireplace and warm inviting sun room area. Has a back porch & deck. This home is on deep lot provides an opportunity to expand or enhance in the future. Here is your opportunity to renovate within the existing footprint add on -there's plenty of room on this 188 ft deep lot, or maybe tear down - the choice is yours. You can walk to Lake Michigan, train, schools, library, postoffice, restaurants, shopping, Starbucks, playgrounds, and more! Don't miss it - will go fast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017