79 Cheney 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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Coldwell Banker LIFESTYLES | $450,000 | |
| Listed by Coldwell Banker LIFESTYLES | |||
| Jan 27, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Keller Williams Realty-Metropolitan | $279,900 | |
| Listed by Keller Williams Realty-Metropolitan | |||
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Back on market due to buyer Financing! A little old, A little new, Thats what makes this the perfect property for you! Recently updated New Englander just a 2 min walk from downtown Newport. This home boasts 4 beds 2 baths New Floors throughout 2nd floor, New paint inside & out, and a new 3 floor Classroom/Office/Craft room for those days when the kids are home. Original features along with modern amenities make this the perfect place. Barn storage can easily be converted into additional living space. Hardwood floors throughout first floor, stately beams in the sitting room, and elegant circular staircase are highlights of elegant craftsmanship. Walk to town conveniences, the Richards Library/Library Arts Center, summer farmers market, restaurants, and more. Access to Lake Sunapee, the 75 mile Sunapee-Ragged-Kearsarge Greenway trail network and Vail's Mount Sunapee are only 10-15 minutes from your door and offer year round outdoor recreation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017