51 Chestnut St
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Real Broker MA, LLC | $424,900 | |
| Listed by Real Broker MA, LLC | |||
| | |||
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If peace, quiet and privacy is what you are seeking then look no further than this oversized ranch style home located in the picturesque pines of Douglas. Set back from the road, on 2 sprawling acres of land it is a nature lover's dream. Gleaming hardwoods, newly refinished, flow through the entire living area and bedrooms while the kitchen and bathroom boast recently installed luxury vinyl flooring. Kitchen with ample cabinet space designed as eat-in offers versatility of a breakfast bar from the large wrap around counter. Full bath with updated vanity and beadboard provides convenience of main floor laundry, saving countless trips to and from the basement. Replacement windows are just 5 years young and brighten this home from front to back. Oversized basement spans the entire square footage of the main floor. And with full size windows and walk out the table is already set for the expansion of this already spacious home. Showings start immediately!
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| Aug 9, 1982 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017