62 Chestnut Street
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 1, 2020 | Sold | ||
| Sold | |||
| Jan 29, 2020 | Listed by RE/MAX at Barnegat Bay - Forked River | $289,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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BEST OF BOTH WORLDS - Looking for land and privacy but don't want to live in the middle of nowhere? This is the home for you. 4 miles from the parkway and less than a mile away from the Oyster Creek Boat Ramp. This 4 bedroom 2.5 bath ranch style home offers you easy access to commuting or nightlife plus quick bay access but with a yard like this you may never want to leave. On just under an acre and a half this park like setting offers you plenty of opportunity. Lovely covered deck leads to more decking and a fire pit area. There is also a basketball/tennis court, and a horseshoe pit Plenty of room for a pole barn and a pool if you wish. Don't forget the chicken coupe just add hens.The inside offers a large living room with a newly tiled fireplace with wood burning stove insert.
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| Dec 18, 2019 | Listed by RE/MAX at Barnegat Bay | $289,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Nov 27, 2019 | No longer available | - | |
| No longer available | |||
| Jul 7, 2019 | Listed | $300,000 | |
| Listed | |||
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BEST OF BOTH WORLDS - Looking for land and privacy but don't want to live in the middle of nowhere? This is the home for you. 4 miles from the parkway and less than a mile away from the Oyster Creek Boat Ramp. This 4 bedroom 2.5 bath ranch style home offers you easy access to commuting or nightlife plus quick bay access but with a yard like this you may never want to leave. On just under an acre and a half this park like setting offers you plenty of opportunity. Lovely covered deck leads to more decking and a fire pit area. There is also a basketball/tennis court, and a horseshoe pit Plenty of room for a pole barn and a pool if you wish. Don't forget the chicken coupe just add hens.The inside offers a large living room with a newly tiled fireplace with wood burning stove insert. The manager has listed the unit size as 1969 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017