83 Chestnut Meadow Drive
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Keller Williams Memorial | $585,000 | |
| Listed by Keller Williams Memorial | |||
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Exceptional, low-maintenance home in sought-after Jacob's Reserve. This beautifully maintained property showcases a resort-style backyard w/ sparkling pool & spa featuring a rock waterfall, outdoor kitchen, fire-pit, expansive screened in porch & a dog run. A whole-home generator, Smart-matic home & pool systems, provide comfort & convenience. The chef’s kitchen offers stainless steel appliances, granite counters, reverse osmosis, whole home water filtration system, a corner walk-in pantry, & a large island, adjacent to the dining area. The family room highlights a gas log fireplace & walls of windows. The primary suite offers pool views w/pool access, expansive walk-in closet & ensuite bath w/ dual vanities & spa jetted tub. Upstairs includes a spacious game room, 3 bedrooms & 2 baths. A 3-car garage w/epoxy floors & ample storage. Home is situated within walking distance to the community amenities which include a pool, parks, a lake & much more! Zoned to award-winning schools.
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| Apr 9, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2021 | Listed by RE/MAX The Woodlands & Spring | $475,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Immaculate home near community park/lake in Jacob's Reserve. Fantastic backyard with pool/spa, outdoor kitchen, firepit, & L-shaped covered porch. Smart-matic home & pool. Fiberoptic up to 1 GB up/down internet thruout home. Touchscreen security system/motion sensors/remotes. Study w/bay window & French doors. Kitchen with stainless appliances, reverse osmosis, granite counters, corner WI pantry, & huge island seats 4 in addition to Dining area. Family w/corner gas log fireplace & two walls of windows. Owner's suite with pool views, triple windows, window seat, walk-out to yard/porch. Bath w/jetted tub, sunken shower w/seat & toiletry cubbies, dual sinks, private commode, huge WI closet. Laundry with cabinets, utility sink. Central staircase leads to large Game Room with huge WI closet, and 3 additional bedrooms with large closets. 2 upstairs baths. Pool has rock waterfall, spa. Extensive landscaping. 3 car garage w/epoxy flrs, wall of cabinets, workbench. https://youtu.be/QkAaxOdWn3A
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017