649 Chesser Avenue
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2025 | Price Decreased |
$250,000
↓ $25K
(9.1%) | |
| Price Decreased | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Rennick Real Estate | $275,000 | |
| Listed by Rennick Real Estate | |||
| | |||
|
2007 CBS built 4 bedroom, 2 bath home with tons of storage available at an affordable price in the heart of Sebastian. This home features solar panels for very low electric expense, split floor plan, vaulted ceilings with plant shelves, spacious layout with formal living and family rooms and more. *Needs a little TLC with the flooring and paint. The roof, A/C, HWH are original to 2007*. * Solar panels are leased and buyer is responsible to take over lease payments, but with electric savings, it’s essentially a wash.*
| |||
| Jul 16, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Sebastian
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017