13413 CHATELAINE DRIVE NE
About This Property
This 3-bedroom, 1-bath rancher sits at the end of a quiet road on a spacious lot, offering privacy, open yard space, and room to expand or improve over time. The home is already in progress with updates, giving you a head start whether you're looking for an investment, a starter home, or a project to customize.
There are two sheds on the property for extra storage.
The main level features wood flooring and a simple, functional layout with good natural light. The kitchen has ample cabinet space and a footprint that can easily be refreshed to match your style.
The basement is finished, which can be transformed into a storage, workshop, or future living area.
Outside, the covered front porch and enclosed rear area give you a place to soak in the outdoors, while the large yard opens up to surrounding trees and countryside.
The oversized end-of-road lot is one of the standout features of this property, offering a level of flexibility that's hard to find. With plenty of usable space, the yard opens the door to a wide range of possibilities depending on your needs and vision. There's room to create a true outdoor retreat-think a large deck or patio setup, fire pit area, garden beds, or even a pool for entertaining.
Located near Bedford Road (Route 807) with quick access to Route 220, you're within reach of local conveniences while still enjoying a more rural, open setting. Nearby creeks, farmland, and outdoor space add to the appeal for anyone looking for a quieter lifestyle.
A property with land, flexibility, and upside potential. Bring your ideas and make it your own.
The photos have been virtually edited for clarity, including removal of personal property, to help showcase the home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017