58 Chestnut Way Circle
About This Property
/SS Appliances. Beautiful Wood Laminate Flooring. A comfortable Family Room with a fireplace and built-in bookshelves. Newer carpeting in the Family Room/Dining Room/Living Room. Upstairs you will find 4 generously sized bedrooms. The Master Bedroom features His & Her walk -in-closets and has been recently painted. The Master Bath has a Marble Vanity with two sinks & Marble Floor.
A Claw Foot Soaking Tub with a Chandelier above very tranquil. The remaining 3 Bedrooms all have large closets and are very spacious and have been recently re-painted. The Attic has pull down steps and only needs flooring for much more additional storage. A newer roof with Custom Shingles and New Leaders & Gutters.An Above Ground Pool for cooling off and relaxing. A deep well for irrigation too!
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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 21, 2021 | Sold | ||
| Sold | |||
| May 27, 2021 | Listed by The Van Dyk Group - Barnegat | $440,000 | |
| Listed by The Van Dyk Group - Barnegat | |||
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There is a well for irrigation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017