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56 Chestnut St
About This Property
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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 |
|---|---|---|---|
| May 8, 2009 | Sold | ||
| Sold | |||
| Apr 4, 2008 | Sold | ||
| Sold | |||
| Feb 5, 2008 | Listed | $220,000 | |
| Listed | |||
| Aug 17, 2001 | Sold | ||
| Sold | |||
| Mar 30, 2001 | Listed | $244,900 | |
| Listed | |||
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4-5 BEDROOM COLONIAL ON RESIDENTIAL SIDE STREET,PART FIN BASEMENT W/HALF BATH,NICE FENCED YARD, NEW KITCHEN,ENCLOSED HEATED PORCH*24 HR NOTICE NEEDED* SUBJECT TO SELLER FINDING SUITABLE HOUSING.
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