53 Chestnut St
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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%.
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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 |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | Listed by Compass | $5,450,000 | |
| Listed by Compass | |||
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Welcome to 53 Chestnut Street, a quintessential Federal-style single-family home nestled in the heart of historic Beacon Hill. This distinguished residence beautifully blends timeless elegance with modern conveniences, offering a unique opportunity to own a piece of Boston's rich architectural heritage.Upon entering the parlor floor, you'll be greeted by gracious entertaining areas that exude charm and sophistication. The spacious living room ideal for hosting gatherings, features period details, including a dramatic Palladian style window, soaring ceilings, intricate moldings, and large windows to bring in the south facing light. This home offers a seamless blend of historical character and contemporary comfort, making it a perfect sanctuary for those who appreciate classic beauty and modern living. Experience the allure of Beacon Hill living, where cobblestone streets, gas-lit lamps, and the vibrant community come together to create an unparalleled urban lifestyle.
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| Jul 27, 2024 | No longer available | - | |
| No longer available | |||
| Jul 25, 2024 | Withdrawn | - | |
| Withdrawn | |||
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About Beacon Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017