1019 Chaparrel Lane
About This Property
This prime point lot in the gated community of Gaines Bend is home to a contemporary lake house surrounded by blue water offering ample space for friends and family. Main house has large kitchen and dining, living and oversized master suite, plus two more bedrooms and 1.5 baths on the bottom level; an additional two bedrooms and 1 bath upstairs. Detached guest house offers tons of natural light with full kitchen, dining, living, another master suite, guest bedroom, second bathroom plus loft sleeping perfect for the kids. Fenced back yard to keep the furry ones home, with expansive lakeside yard full of lush St. Augustine grass. Located between the houses you will find plenty of covered deck space for enjoying the lake views as well as a covered outdoor kitchen area with TV.
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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%.
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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 9, 2023 | Sold | ||
| Sold | |||
| Dec 29, 2022 | Listed by Coldwell Banker Realty | $2,499,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 13, 2017 | Listed | $1,250,000 | |
| Listed | |||
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You'll be surrounded by water in this contemporary home on a prime point lot in Gaines Bend! This professionally designed home is awash in beautiful blue tones accented with creamy whites. Main house has big kitchen and dining, living and large master suite, plus two more bedrooms and 1.5 baths on the bottom level; two bedrooms and a bath upstairs. Detached guest house has small full kitchen, dining, living, another master suite, guest bedroom, second bathroom plus loft sleeping perfect for several kids. Large, deep water dock sits off to the side of the property so there are no blocked views - this is a dream location if you want great views, easy lake level access and deep water. The manager has listed the unit size as 3898 square feet.
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20228744
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017