1 CHESNUT DRIVE
About This Property
This 3-bedroom, 2-bathroom residence offers modern design, quality finishes, and a spacious layout. Step
inside to an open concept floor plan featuring vaulted ceilings and luxury vinyl flooring throughout the home.
The kitchen is designed for both everyday living and entertaining, offering stone countertops, a large island
with seating, and seamless flow into the living and dining spaces. The primary suite provides a comfortable
retreat with a tray ceiling, walk-in closet, and an en-suite bathroom featuring a double vanity and a
floor-to-ceiling tiled shower with a built-in inset shelf. Additional highlights include an indoor laundry room,
ceiling fans, and a 2-car attached garage. Sliding glass doors lead to the back patio, overlooking a spacious
backyard enclosed with a vinyl privacy fence-ideal for outdoor enjoyment. Conveniently located near
shopping, dining, and everyday amenities, this newly built home combines style, functionality, and space in a
growing area of Ocala.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | Listed by SOUTHERN CHARM REALTY OF CF | $290,000 | |
| Listed by SOUTHERN CHARM REALTY OF CF | |||
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | In contract | - | |
| In contract | |||
| Jan 28, 2023 | Listed by SOUTHERN CHARM REALTY OF CF | $239,000 | |
| Listed by SOUTHERN CHARM REALTY OF CF | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017