49 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 21, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | In contract | - | |
| In contract | |||
| Dec 4, 2021 | Listed by Douglas Elliman Real Estate | $649,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Warm and inviting, this large expanded cape has been beautifully maintained and it shows! Refinished hardwood floors on 1st floor with 2 large bedrooms and a full bath. 1st floor also has LR with large picture window, DR and Kitchen with exit to back patio and yard. 2nd floor has 3 large bedrooms and a renovated full bath. Basement is partially finished with great entertainment area, separate work area and laundry. Backyard patio with fenced yard. Long driveway fits plenty of cars. Close to both charming towns of Lynbrook and Malverne.
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| Nov 24, 2021 | Listed by Douglas Elliman Real Estate | $649,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jan 20, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017