631 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 10, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$315,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$319,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by Century 21 North East | $324,900 | |
| Listed by Century 21 North East | |||
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Welcome to 631 Chesnut St! Nestled in a welcoming residential neighborhood, The main floor features three generously sized bedrooms along with a stylish full bathroom, a beautifully designed kitchen that boasts gorgeous Quartz countertops, sleek, bright white cabinetry, an expansive pantry, and brand-new stainless steel appliances, ensuring a modern culinary experience. While the second floor adds another three spacious bedrooms and an additional full bathroom, bringing the total to six large bedrooms and two beautifully renovated bathrooms, perfect for accommodating family and guests. Imagine entertaining in the vast backyard, a true outdoor oasis for gatherings with family and friends. As a remarkable bonus, this home comes with two additional lots, totaling 0.44 acres. You'll also benefit from a detached garage that includes a convenient storage room. You’re just moments away from great restaurants, the new North Quabbin Commons shopping center, and Rt 2 highway access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017