33
Map
641 Chestnut Hill Avenue
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by Rioux Real Estate | $2,395,000 | |
| Listed by Rioux Real Estate | |||
| Nov 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2025 | Listed by Compass | $1,350,000 | |
| Listed by Compass | |||
| | |||
|
Attention Developers: Unlock the potential at 641 Chestnut Hill Avenue in Brookline, MA. This Victorian-era property, presents a prime redevelopment opportunity with three strategic paths: Option 1 - New Construction: Approved modern build plans allow for a complete teardown and new construction, offering contemporary design potential. A building permit is ready when you are. Option 2 - Renovation: Retain historical charm by renovating the existing structure with by-right plans. Permits are available for swift progress. Plans available. Option 3 - Duplex Development: Capitalize on the approved plans for a duplex, a profitable by-right investment. Planning board modification approval is needed for customization. This property is an ideal canvas for developers looking to maximize value through renovation or new construction. For more details or to explore these options, reach out today.
| |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017