490 Chestnut 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 |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2023 | Listed by Thirty Three Realty & Associat | $219,500 | |
| Listed by Thirty Three Realty & Associat | |||
| | |||
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East Texas modern farmhouse in like-new condition tucked away on a quiet Drive in the city limits of Van, and a just a short drive from Lindale, Canton, or Tyler. Inside you’ll find a well-appointed kitchen and living area complete with fireplace. Sizable laundry area with ample storage. There is plenty of extra parking in addition to the rear-entry garage and a fully fenced back yard in a private setting. Home also includes a 240 outlet in the garage for EV charging. Come see this adorable home!
| |||
| Feb 12, 2023 | No longer available | - | |
| No longer available | |||
| Jan 11, 2023 | In contract | - | |
| In contract | |||
| Dec 20, 2022 | Price Decreased |
$219,000
↓ $6K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017