55 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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Coldwell Banker Realty - Westwood | $400,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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Don't miss out on potential gem of an opportunity. This 4+ bedrm, ranch style home presents a golden opportunity to invest your sweat equity & turn it into your dream home! 4 Bedrooms on main level, one on small side yet perfect for nursery or office; Living room with fireplace; Dining rm; 3 season porch (heat disconnected); 2 add'l bedrms or playrm in basement; Situated on nearly a half-acre serene lot. Perfect for Do-It-Yourselfers/contractor. Hardwood floors in Living Rm, hall & 3 bedrms; Step-down to primary bedroom & 2nd full bathroom. Ample storage & walkout basement. Fireplace hasn’t been used in years. 3 heat zones, 2up/1down. Potential wine room in bsmnt. New septic system to be BUYER responsibility. Close to Gillette, MBTA, shopping, transportation & more. Priced to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017