46
Map
1701 Chestnut Falls Road
About This Property
The thoughtful floor plan includes a dedicated study/office - plus an extra bonus room that's ideal for a playroom, media room, home gym, or whatever your lifestyle needs! Cozy up by the gas fireplace on chilly evenings, and enjoy indoor-outdoor living on the screened porch that overlooks a peaceful, tree-lined backyard. Step outside onto the low-maintenance composite deck and soak in the privacy and natural setting that make this home truly special! The basement level adds incredible flexibility and extra living space - perfect for guests, teenagers, or creating your own private retreat. With five bedrooms and multiple living areas, there's room for everyone to spread out and find their own space!
Peace of mind comes built-in with a radon mitigation system already in place - one less thing to worry about! And don't miss the charming curb appeal enhanced by Govee exterior lights that make this corner lot shine day and night.
Located in the highly sought-after original side of Wendell Falls, you're just minutes from the Farmhouse amenities, Treelight Square, and all the trails and falls that make this community so special. Walk, bike, or golf cart to everything Wendell Falls has to offer! With unbeatable Wendell Falls connectivity, don't miss the opportunity to make this your everyday life! #resortlife
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$560,000
↓ $14K
(2.4%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$574,000
↓ $21K
(3.5%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$595,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| May 31, 2026 | Price Decreased |
$609,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017