56 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 |
|---|---|---|---|
| Nov 15, 2010 | Sold | ||
| Sold | |||
| Dec 28, 2009 | Listed by Coldwell Banker Realty - Milton | $105,000 | |
| Listed by Coldwell Banker Realty - Milton | |||
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PROPERTY SOLD "AS IS" WITH SELLER'S ADDENDUM. BANK OWNED, SELLER HAS NEVER OCCUPIED. $1,000 DEPOSIT AND PREAPPROVAL/PROOF OF FUNDS WITH ALL OFFERS. PLEASE ALLOW 3-5 BUSINESS DAYS FOR RESPONSE ON ALL OFFERS.$99 DOC FEE PAID BY BUYER TO SELLER AT CLOSING. PREAPPROVAL AS REQUIRED IN FIRM REMARKS MUST ACCOMPANY OFFER NO EXCEPTIONS!*******Property is in need of major repair!*****
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Address: 335 Madison Avenue, New York, NY 10017