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1035 Chapel Ridge Road
About This Property
Recent improvements elevate the home throughout, including fresh interior paint on all walls, doors, hinges, and hardware, creating a clean and cohesive feel. Updated LED lighting, new ceiling fans, and modern door hardware enhance both style and functionality. The kitchen has been thoughtfully refreshed with quartz countertops, an extended bar island ideal for entertaining, updated cabinet hardware, new plumbing fixtures, and a workstation sink designed for everyday ease. The homes furnishing were all perfectly curated by a designer.
All bathrooms have been updated with new countertops, mirrors, lighting, and faucets, offering a crisp, contemporary finish throughout the home.
Beyond the home, The Harbor delivers a true resort-style experience with amenities designed for both relaxation and recreation. Residents enjoy access to scenic walking paths, two community pools, a fitness center, spa, fishing ponds, playground, tennis and pickleball courts, a putting green, and sand volleyball.
Whether you're seeking a weekend retreat or a full-time residence, this home offers an exceptional opportunity to enjoy lake living with modern comfort, thoughtful updates, and unmatched amenities in one of Possum Kingdom's most desirable communities.
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Cap Rate Calculator
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 15, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Price Decreased |
$649,950
↓ $19K
(2.9%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by Briggs Freeman Sothebys Intl | $669,000 | |
| Listed by Briggs Freeman Sothebys Intl | |||
| Jun 12, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017