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970 E Chestnut Street — Fort Bragg | Belmont Brokerage | Belmont Brokerage

Active

$550,000

0 DOM

— bd— ba— sqft

Call

970 E Chestnut St Fort Bragg, CA 95437

2.28acre lot

2.28 acres in City with potential to develop multi-unit housing. Parcel is a split-zoned property which may allow for 10-15 units per acre in the larger RH zoned area fronting Chestnut Street and 1-10 units per acre in the RL zoning. Access from Chestnut St. Check with City of Fort Bragg planning for development requirements. This property is NOT in the coastal zone but does border the coastal zone on the south boundary pr planning and building.

MLS C1-11345

(707) 202-8004 (Office) (707) 354-0720 (Cell) rossettorealestate@gmail.com

Est. payment

$3,514/mo

Principal & interestTaxesInsurance

$2,781$573$160

Down %

Rate %

Years

Down payment: $110,000 · Total cost: $1,111,196

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$3,514/mo

Principal & interest: $2,781
Est. property tax: $573
Est. insurance: $160
Down payment: $110,000

Est. gross rent$2,292/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,222/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 14, 2025	$550,000	—

(707) 202-8004 (Office) (707) 354-0720 (Cell) rossettorealestate@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

970 E Chestnut Street, Fort Bragg, CA 95437

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Call

970 E Chestnut St Fort Bragg, CA 95437

About this home

Sarah Rossetto

Est. monthly payment

Mortgage vs rent

Price History

Sarah Rossetto

Sale & Tax History

No Recent Sales History

Location

970 E Chestnut Street, Fort Bragg, CA 95437

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

970 E Chestnut St Fort Bragg, CA 95437

About this home

Sarah Rossetto

Est. monthly payment

Mortgage vs rent

Price History

Sarah Rossetto

Sale & Tax History

No Recent Sales History

Location