56 Chestnut Ave
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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $420,000 | |
| Listed | |||
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Discover comfortable and convenient living in this beautifully maintained ranch, perfectly located in Auburn with effortless highway access and proximity to local amenities. Designed for easy living, this single-floor ranch boasts natural wood finishes throughout, offering warmth and character in every room. The home features a bright and inviting sunroom that overlooks the backyard—a tranquil area perfect for relaxation. A spacious basement offers ample storage or potential customization to suit your needs. This property includes a brand-new roof installed in September 2024, a cozy pellet stove in the living room to enhance comfort and efficiency, elegant stone detailing across the front of the property that adds curb appeal, and an EV charger in the garage catering to modern living and sustainability. Don’t miss the opportunity to make this beautiful property yours. Schedule your showing today!
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| Feb 4, 2022 | Sold | ||
| Sold | |||
| May 29, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017