15888 Chestnut Drive
About This Property
New construction by Quality Custom Homes! Two story 3 bed 2.5 bath charmer! Large open-concept living area with lots of natural light, wood look tile floors. The kitchen boasts a fresh modern look with gorgeous quartz countertops, beautiful wood cabinets, large pantry for storage, and stainless steel appliances. This builder includes higher quality fixtures throughout the home. The primary bath has a very nice shower and separate tub with a calming spa feel. There is also a beautiful patio!Enjoy the outdoors only minutes away from Sam Houston National Forest and Scotts ridge boat ramp, Stubblefield Lake Recreation Area, Lone Star Hiking Trail, Northwest Trailhead and Big Creek Scenic Area Trail head. This could be a primary home or a Getaway home to unplug and relax in nature. Dont forget about The beautiful Lake Mount Pleasant! Schedule your showings now.
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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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Price Decreased |
$220,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jun 8, 2025 | Price Decreased |
$230,000
↓ $29K
(11.2%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017