3121 Stately Chestnut Court
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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 7, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by Coldwell Banker Realty | $299,000 | |
| Listed by Coldwell Banker Realty | |||
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EXTRAORDINARY FIND!! Absolutely amazing one story home on larger lot on cul de sac! Newer construction that is barely lived in with many amazing features and a wonderful floorplan. Fresh paint, and beautiful flooring greet you upon entry. Dining room with gorgeous accent wall is conveniently located next to the kitchen. The heart of this home is the kitchen with granite counter tops, lots of cabinets and counter space, plus large breakfast bar AND island with room for all to sit and gather. Spacious master bedroom with soaking garden tub and separate shower. Secondary bedroom are very accommodating and one of them is currently being used as a home office. Big backyard with deck is the perfect place to barbeque or relax and unwind. All the perks of newer construction which include newer roof, energy efficient windows and high efficiency HVAC.
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About Conroe
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Last Updated: 5 months ago
Data Source: HAR , MLS# 2033274
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017