4705 Chestnut Grove Drive
About This Property
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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 |
|---|---|---|---|
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by RE/MAX REALTY ASSOCIATES-MAHO | $1,150,000 | |
| Listed by RE/MAX REALTY ASSOCIATES-MAHO | |||
| Apr 9, 2020 | No longer available | - | |
| No longer available | |||
| Feb 21, 2020 | Listed | $950,000 | |
| Listed | |||
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Remarkable opportunity to own this waterfront property in Chestnut Grove Subdivision. No detail was overlooked in this nearly 6,000 square foot home. Once you walk through the front doors you will be amazed with the abundance of natural light, curved staircase, soaring ceilings and beautiful new hardwood floors. The Chef's kitchen has been updated with white custom cabinetry, new super white Marble countertops and kitchenaid appliances. Enjoy your morning coffee in the breakfast area, with picturesque views of the professionally landscaped back yard with in-ground pool, overlooking the lake. The first floor Master Bedroom with tray ceilings includes a spa-like Master Bath that has been redone with all new flooring, marble countertops, and marble tile walk-in shower. The second level features three generously sized bedrooms suites, all with new hardwood flooring and walk-in closets. The English basement has all new ceramic (wood look) floors and includes its own theater room, wine cellar, bedroom suite and family room open to the kitchenette. Don't miss your chance to own one of Champaign's finest properties. The manager has listed the unit size as 3801 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017