49 Chestnut Drive
About This Property
The home features living room, formal dining room, and den. The home has hardwood flooring and a whole house fan
The bathrooms have been refreshed in recent years. The kitchen ( eat in) is clean and ready for you to cook now as you plan your kitchen update.
The outdoor space is spectacular. Built in swimming pool, deck, and screened in porch is PERFECT for entertaining.
The basement houses the mechanicals and can be used for storage or you can finish. Convenient to Rt 34 and the Garden State Parkway. Restaurants, Shopping, Fitness centers, Cheesequake Park, NJ Transit trains
Ravine Elementary, Matawan Middle, Matawan Regional HS
Seller is providing a 1 Year Cinch Home Warranty to buyer
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 31, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by C21/ Action Plus Realty | $650,000 | |
| Listed by C21/ Action Plus Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017