898 Chestnut Ridge Road
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Price Increased |
$675,000
↑ $25K
(3.9%) | |
| Price Increased | |||
| Aug 14, 2024 | Listed by Q Home Sales | $650,000 | |
| Listed by Q Home Sales | |||
| | |||
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Located in the heart of Chestnut Ridge, this 3 bed 2 bath Colonial features hardwood floors and recessed lighting throughout. A pass through kitchen window from the front entry room. The primary suite is extremely spacious, includes an exit to the outdoor Juliet balcony, as well as access to the ensuite bath with inset tub, and convenient washer/dryer hookup. Two additional bedrooms complete the 2nd floor. The full fenced backyard gives room to run, while the detached 2 car garage allows for extra storage options. Location is ideal for a home office. Don't miss out on a great home.
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| Jul 6, 2022 | Listed by Q Home Sales | $499,000 | |
| Listed by Q Home Sales | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017