535 CHESTNUT AVE
About This Property
This 1885 home is a (not so little) piece of history! Located on a corner lot, with 5 bedrooms total (3 upstairs, 2 downstairs), two FULL bathrooms, and 3 separate entrances including front grand entrance. The large kitchen has TONS of storage space, counter space, a separate eating area AND the huge deck is located right off the kitchen, making it perfect for outdoor entertainment. TWO fireplaces, one settled nicely in one of the upstairs bedrooms. GORGEOUS landscaping. The full basement has been waterproofed and is ready to create your own extra space. Original hardwood floors have been refinished, the upper roof was replaced in 2020 and there's a newer (2019) double zone HVAC system. Not to mention, it has business zoning so you can create your dream live and work situation. This giant home is full of opportunities. Schedule your showing today!
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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 |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | In contract | - | |
| In contract | |||
| Jun 25, 2023 | Relisted | $327,000 | |
| Relisted | |||
| Jun 23, 2023 | Price Increased |
$327,000
↑ $7K
(2.2%) | |
| Price Increased | |||
| Jun 6, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017