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109 Chimeneas Place
About This Property
Designed by its owners with exceptional attention to proportion, flow, and architectural detail, the home balances quiet grandeur with warmth and livability. Expansive windows invite natural light throughout, framing serene woodland views and creating a seamless dialogue between interior elegance and the surrounding landscape. The setting feels tranquil and removed, yet remains moments from the very best of Chapel Hill.
The principal suite is thoughtfully situated on the main level, allowing for sophisticated first-floor living. Formal entertaining rooms are gracefully composed, while a richly appointed library offers a more intimate retreat. Every space has been curated to feel elevated, welcoming, and entirely at ease.
An exceptional collection of lifestyle amenities further distinguishes the residence, including a private cinema, games room, creative studio, executive offices, whole house generator and elevator access to all floors, ensuring both everyday convenience and long-term livability.
Outdoors, the estate transforms into a private resort. A stunning pool and accompanying pool house create a sanctuary reminiscent of a boutique retreat, where summer afternoons unfold effortlessly and evenings are designed for gathering beneath the Carolina sky. The cul-de-sac location enhances the sense of calm, offering a quiet and peaceful environment rarely found at this scale.
Beyond the main residence, a charming guest house and separate temperature-controlled studio provide remarkable flexibility for extended family, visitors, or independent work arrangements.
Immaculately presented and complete with a three-car garage, this residence exudes quiet confidence. It offers scale, privacy, resort-caliber amenities, and enduring quality in one of Chapel Hill's most established and 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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by Hodge&KittrellSothebysIntlRlty | $2,400,000 | |
| Listed by Hodge&KittrellSothebysIntlRlty | |||
| Aug 8, 2025 | Price Decreased |
$2,400,000
↓ $150K
(5.9%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$2,550,000
↓ $150K
(5.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017