1012 Water Beech Road
About This Property
Enter into a gorgeous foyer with stunning hardwood floors. A sunny office is ideal for remote work. The living room features coffered ceilings, gorgeous hardwood floors, loads of natural light and is open to the chef's kitchen. The kitchen features a large island, stainless appliances and a large dining room. The first floor Primary Suite easily accommodates oversized furniture and features a tray ceiling, walk-in closet, double vanity, walk-in shower and a side porch which is ideal for your morning coffee. The walkout basement features a large media room, den, and playroom. You could finish off additional space for even more living space. The lush yard is situated next to a protected area that will not be built upon. Additional features include an oversized garage, gas fireplace, gas cooking, and all appliances convey. You will love the easy access to shops, dining, restaurants and all that Midlothian has to offer.
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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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Relisted | $619,900 | |
| Relisted | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Listed by Real Broker LLC | $619,900 | |
| Listed by Real Broker LLC | |||
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About Chesterfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017