188 Chestnut Meadow Drive
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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%.
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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 12, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Keller Williams Realty The Woodlands | $395,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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This charming one-story home in the sought-after community of Jacob's Reserve boasts an open floorplan and offers unparalleled privacy with no back neighbors, as it backs onto a serene green space filled with mature trees. Inside, you'll find three spacious bedrooms along with a versatile study or playroom, perfect for any family's needs. The primary bedroom is a true retreat, featuring elegant bay windows that flood the room with natural light and a generously sized walk-in closet for all your wardrobe and storage needs. The front yard is beautifully newly landscaped, creating a welcoming curb appeal, while the travertine-paved patio in the back is ideal for children’s playtime or pets to roam freely. This home is also within walking distance to the community pool and parks and is zoned to The Woodlands schools. Schedule a showing today to view this beautiful home!
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| May 9, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Keller Williams Woodlands | $375,000 | |
| Listed by Keller Williams Woodlands | |||
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Elegant single story featuring open concept living. Extended entry, island kitchen, open dining, family room with fireplace and private study. Clare Smart Home with doorbell cameras. Energy efficient with LED lighting, 16 SEER AC, tankless water heater and Environments for Living Certified. Covered patio and fenced back yard. Zoned to exemplary CISD schools. Enjoy Jacob's Reserve amenities and community lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017