59 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 |
|---|---|---|---|
| Oct 1, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $329,900 | |
| Listed | |||
| | |||
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Well maintained Ranch style home with 2 nicely sized bedrooms on private lot in desirable neighborhood. This home has been lovingly cared for by one family since first built. Upgrades include newer roof (2013) hot water tank (2016) and living room bay window. The lower level includes a rear access shed/garage under, potential play room and work shop area. Excellent opportunity to own a quality home in a desirable location! The manager has listed the unit size as 868 square feet.
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| May 23, 2018 | Listed by RE/MAX Partners | $329,900 | |
| Listed by RE/MAX Partners | |||
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Address: 335 Madison Avenue, New York, NY 10017