502 Chestnut Street
About This Property
What truly sets this property apart is the rare bonus of TWO SPACIOUS LOTS, providing endless possibilities. Whether you're looking to build a second home, create a guest house, invest in additional rental income, or simply enjoy the extra outdoor space, this property gives you the flexibility to make it happen.
With its tranquil surroundings and expansion potential, this property is ideal for homeowners, investors, or anyone looking to grow their real estate portfolio. Don't miss out on this unique opportunity to own land and a home in one of Brazoria's peaceful communities!
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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 |
|---|---|---|---|
| Sep 26, 2026 | Listed by ADT Realty Brokers | $165,000 | |
| Listed by ADT Realty Brokers | |||
| Jun 23, 2025 | Listed by LoKation Real Estate LLC | $165,500 | |
| Listed by LoKation Real Estate LLC | |||
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2 LARGE UNRESTRICTED LOTS!!! This beauty is recently renovated, priced to sell and won't last long! Enjoy this completely remodeled home with a spacious double private yard and mature trees! It's extremely close to schools and major freeways. With close permit of about 30 minutes from Houston and 15 minutes from Freeport and Lake Jackson. Also located near Chemical Plants and more! This property comes with 2 lots! Home interior is painted all high-gloss white!
Home comes with stove, microwave and dishwasher.
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| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017