71 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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Coldwell Banker Realty - Leominster | $382,900 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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Maintaining its original modern mid century charm, coupled with many present-day updates, this move-in ready home is awaiting its new owner! The interior showcases beautiful hardwood floors, and built in shelves, creating a warm and inviting atmosphere. The large bay window in the living area gives an abundance of natural light, perfect for enjoying any season. The fireplace and arched doorways provide a timeless aesthetic for all to appreciate. Outside, the property features an outdoor stone patio, offering a serene and relaxing area for outdoor hosting. Numerous updates throughout the home, such as chimney repointing, electrical, and door replacement, are just some of the improvements made within the last year. Detailed accessories like pocket doors and a Bluetooth color-changing fan, show the care and comfort this home has to offer. A drive under garage adds another level of convenience to this home's features as well. Don't miss your opportunity to own this home yours!
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| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 26, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017