3538 Chestnut Grove Lane
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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 15, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Keller Williams Signature | $418,000 | |
| Listed by Keller Williams Signature | |||
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Gorgeous home located in the highly sought-after community of Cross Creek Ranch awaits new owner. Fabulous open floor plan with gorgeous wood-look tile floors flowing through most of the 1st floor. Island kitchen is both elegant and charming with upgraded cabinetry, granite countertops, stacked stone backsplash and stainless steel appliances. Spacious living room with high ceilings, fireplace and a wall of windows that lets natural light fill the space and provides views of the backyard. This home also has a formal dining space that lends itself to other uses, currently being used as a home office. The master suite is located on the 1st floor and features a sitting area and spa-like en-suite. Upstairs you will find an enormous game room and three secondary bedrooms all with walk-in closets, one with a private bath and one with a jack-n-jill bath. All situated on a well-manicured lot with a covered back patio and full sprinkler system. Zoned to fantastic Katy ISD schools.
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| Jun 14, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by BHGRE Gary Greene | $330,000 | |
| Listed by BHGRE Gary Greene | |||
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Spectacular Newmark home located in the highly sought-after community of Cross Creek Ranch. Fabulous open floor plan with gorgeous wood-look tile floors flowing through most of the 1st floor and a wall of windows and stunning stone fireplace in the family room. The gourmet island kitchen is a show stopper with beautiful 42” cabinetry, granite countertops, stacked stone back splash and stainless steel appliances. The master suite is located on the 1st floor and features a sitting area and spa like en-suite. Upstairs you will find a very spacious game room and 3 secondary bedrooms all with walk-in closets, 1 with a private bath and one with a jack-n-jill bath. All situated on a well manicured lot with a covered back patio and full sprinkler system. Zoned to highly acclaimed Katy ISD schools and just minutes away from major freeways, shopping, schools and community amenities. Hurry! Your new home awaits!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017