11597 LEEDS CHAPEL LANE
About This Property
The upper level includes a spacious primary suite with a wood‑burning fireplace and expansive views, a loft/office area, and two additional bedrooms. Floors were fully refinished in 2026, showcasing a beautiful blend of pine, cherry, and oak throughout. Fresh interior paint (2026) and new fans and light fixtures throughout add a clean, updated feel. The lower level offers a separate entrance, media room, and generous storage.
The grounds are equally captivating, with a pool and waterfall, multiple porches, gardens, and a charming pavilion with firepit. The pool has been thoughtfully maintained with a new heater (2021), new pump (2023), and a new cover (2025). A separate 5‑car garage provides large doors, a lift, and a shop area. Fenced fields and a 4‑bay machine shed create an ideal opportunity for a small farm or simply enjoying complete serenity.
Recent improvements include two new HVAC units (2024), a new roof in 2022, new Hardie Plank siding in 2023, new water heater (2024)and additional updates available upon request. Starlink internet is installed. Seller is not responsible for roll‑back taxes.
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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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Price Decreased |
$1,875,000
↓ $20K
(1.1%) | |
| Price Decreased | |||
| Apr 24, 2026 | Price Decreased |
$1,895,000
↓ $100K
(5%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by TTR Sotheby's International Realty | $1,995,000 | |
| Listed by TTR Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017