88 Chestnut Rd
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 6, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by LAER Realty Partners | $500,000 | |
| Listed by LAER Realty Partners | |||
| | |||
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Welcome to this charming 3-bedroom home, nestled on a spacious 1+ acre lot. This lovely home boasts hardwood floors throughout the bedrooms and dining room and brand-new carpeting in the cozy living room with a wood stove, ideal for relaxing with family and friends. Enjoy the expansive, eat-in kitchen, offering plenty of space for cooking and casual dining. For more formal occasions you'll appreciate the pellet stove in the dedicated dining room. This home also offers a bonus sunroom off the eat-in kitchen. Downstairs, an unfinished basement provides excellent potential for future expansion, the laundry area and the entrance to the two-car garage. The septic system was replaced in 2016. With plenty of outdoor space to enjoy, this property offers endless possibilities for your new home!
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| Jan 29, 2016 | Sold | ||
| Sold | |||
| Sep 10, 2015 | Listed by LAER Realty Partners | $279,900 | |
| Listed by LAER Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017