8309 Chestnut CV
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 |
|---|---|---|---|
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 1, 2024 | Listed by Keller Williams Realty | $31,000 | |
| Listed by Keller Williams Realty | |||
| Mar 12, 2024 | Price Decreased |
$31,000
↓ $4K
(11.4%) | |
| Price Decreased | |||
| Jun 28, 2023 | Listed by Keller Williams Realty | $35,000 | |
| Listed by Keller Williams Realty | |||
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Nestled in the charming lakeside community of Lago Vista, this vacant residential lot presents a wonderful opportunity to build your ideal home on a quiet cul-de-sac. Located in a tranquil neighborhood, this property offers a serene setting with captivating views and a sense of privacy. Situated on 0.223 acres, the land provides ample space to bring your architectural vision to life. Design your dream home, whether it's a contemporary masterpiece or a cozy retreat that seamlessly blends with the natural surroundings. The possibilities are endless, allowing you to create a personalized haven that suits your unique lifestyle and preferences. Lago Vista is renowned for its picturesque beauty and proximity to the pristine waters of Lake Travis. This lot offers the chance to be part of a close-knit lakeside community, where residents can enjoy a variety of recreational activities including boating, fishing, swimming, and kayaking. Imagine waking up to stunning sunrises over the water and spending leisurely weekends exploring the lake's many coves and parks. Aside from its natural wonders, Lago Vista boasts a range of amenities and conveniences. The community features a golf course, tennis courts, hiking trails, and a variety of parks and green spaces, ensuring there's always something to enjoy outdoors. Local shops, restaurants, and services are within easy reach, offering the perfect balance of small-town charm and modern convenience. With its serene setting, natural beauty, and proximity to Lake Travis, this residential lot in Lago Vista presents an incredible opportunity to create your dream home in an idyllic lakeside community. Don't miss your chance to own a piece of this Texas paradise and start building the life you've always envisioned!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017