OFF_MARKETExcellent Deal0 days on market

108 Chestnut Street

108 Chestnut Street, Garden City, NY 11530, Garden City, NY 11530
$1,499,000
Zestimate®:$1,745,100$246,100 Under Market

Listing Price

Property image 1
108 Chestnut Street, Garden City, NY 11530
Loc: Garden City, NY
Days Listed
0
Tax Assessed
$1k
Zestimate®
$1745k
14% Under Valued
Lot Size
9,375 sqft
Rent Estimate
$6,938/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

N/A

Locust School

K-1
0.3 mi away
10

Garden City Middle School

6-8
1.4 mi away
10

Garden City High School

9-12
1.9 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.89%
Total ROI
29.1%
Cash Flow
$2,278/mo
DSCR
1.30
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-16Sold$1,730,000$942
2026-04-28Pending sale$1,499,000$816
2026-04-15Listed for sale$1,499,000$816
2013-07-25Sold$915,000$498
2013-05-03Listed for sale$949,000$517
2009-09-23Sold$845,000$460
2007-02-23Sold$840,000$458

Tax History

YearProperty TaxTax Assessment
2024$0$835
2023$0$860
2022$0$898
2021$14,650.61$0
2020$14,134.14$1,424
2019$15,267.68$1,525
2018$15,267.68$1,817
2017$14,261.54$1,817
2016$13,857.27$1,817
2015$2,624.95$1,817
2013$2,479.89$1,817
2012$2,214.04$1,817
2011$7,333.98$1,677
2010$7,468.59$1,658
2009$0$1,914
2008$0$1,867
2006$0$1,924
2005$0$3,244
2004$0$5,913
2003$0$5,913
2002$0$6,850
2001$0$6,850
2000$0$6,850
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,836
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,499,000Rent Basis: Observed Comp Model ($6,938/mo)State Tax Benchmark: 1.72% (NY)Hazard Reserve: $437/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.93%

NOI: $58,848/yr

Cash-on-Cash Yield
-10.0%

On $344,770 invested

DSCR Ratio
0.63x

Negative debt coverage

5-Yr Leveraged ROI
+44.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.72% of basis)-$1/mo
Homeowner / Hazard Insurance-$437/mo
Vacancy Reserve (5% of rent)-$347/mo
Repairs & Maintenance (10% of rent)-$694/mo
Property Management (8% of rent)-$555/mo
Total Pure Operating Expenses-$2,034/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,938/mo
Less: Operating Expenses-$2,034/mo
Net Operating Income (NOI)+$4,904/mo
Less: Debt Service (30yr @ 6.75%)-$7,778/mo
Net Cash Flow
$-2,874/mo
$-34,488/year
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