45
Map
18 Chippewa Road
About This Property
The formal living room features a stately fireplace and opens to a bright sunroom, perfect for relaxing or entertaining. The formal dining room is enhanced with decorative molding and wall sconces, while the kitchen offers recessed lighting, a skylit breakfast nook, and a door leading to the deck for easy indoor-outdoor living. A spacious family room showcases a second fireplace, a stunning Palladian window, and French doors that open to the deck-ideal for gatherings and quiet evenings alike.
Upstairs, the second floor offers two generous bedrooms, a third bedroom currently used as an office, and a full bathroom. The finished third floor provides additional versatile space and another full bath-perfect for guests, a playroom, or a private retreat.
The oversized yard is beautifully landscaped with mature plantings, offering plenty of space to relax, garden, or entertain outdoors. A one-car garage completes this charming home.
Centrally located and a quick walk to the Metro North Train. Experience warmth, character, and comfort in one of Yonkers' most sought-after neighborhoods-welcome home to Mohegan Heights!
Taxes are being grieved!!
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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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by Howard Hanna Rand Realty | $950,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017