11731 Chessington Drive
About This Property
This picturesque corner lot offers a spacious yard, a detached two-car garage, and a new privacy fence. Located on a quiet street with no back neighbors, it's a serene retreat in a mature neighborhood.
Conveniently near Beltway 8 and US 59, you'll find dining at Pappadeaux's, Lupe Tortilla, and The Brisket House. Nearby shopping includes H-E-B, Walmart, and Deerbrook Mall. Spiritual centers like St. Martha Catholic Church, North Belt Church of Christ, and Lakewood Church are close by. Enjoy nature at Jesse H. Jones Park & Nature Center.
This enchanting property is a must-see!
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | Relisted | $285,000 | |
| Relisted | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by Keller Williams Realty Southwest | $285,000 | |
| Listed by Keller Williams Realty Southwest | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017