1614 Chalice Dr
About This Property
Inside, soaring beams and warm wood draw your eyes upward while the windows bring you back to the trees. Picture coffee in the sunroom as the morning light filters in, a snowy afternoon beside the Vermont Castings wood stove, and dinner that stretches a little longer because no one is ready to leave.
The home's character remains, with a refinished exterior and refreshed flooring and fixtures complementing the wood you came for. The metal roof, both furnaces, and water-heating equipment have also been replaced.
A private main-level primary suite, loft retreat, and walk-out lower level with a wet bar and guest space give you room to share the home without spending every moment together. Outside, wraparound decking offers another place to follow the light or settle into the shade. A detached 3-car garage, community water, year-round access, and nearby National Forest round out the setting.
It's the kind of place where a quiet afternoon feels like a plan-and the porch swing gives you every reason to keep it.
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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