2216 Chestnut 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%.
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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Sep 18, 2023 | Listed by Ultima Real Estate | $399,900 | |
| Listed by Ultima Real Estate | |||
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This is your perfect home in Little Elm!! This great two-story home in the Villages of Woodlake subdivision has a large open concept floor plan that connects living, dinning & kitchen area to enjoy with family. Included 4 spacious bedrooms for a growing family and 2.5 Baths. Walking up the stairs, you have a flex room that can be a guess room, an office or play-room. Step outside into a stunning back patio, perfect for outdoor living. The home is situated minutes from parks, schools, shopping and restaurants. Seller's are offering to pay $5k for closing cost.
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| Jan 24, 2020 | Sold | ||
| Sold | |||
| Dec 6, 2019 | Listed by SubZero Realty | $254,900 | |
| Listed by SubZero Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017