20127 Chapel Point Lane
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by Ivester Jackson Christie's | $699,000 | |
| Listed by Ivester Jackson Christie's | |||
| Aug 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 25, 2026 | Price Decreased |
$849,000
↓ $36K
(4.1%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by Carolinas Advantage Real Estate | $885,000 | |
| Listed by Carolinas Advantage Real Estate | |||
| |||
|
Nestled within one of Lake Norman's most sought-after waterfront communities, this impeccably maintained 4-bedroom residence presents an exceptional opportunity to enjoy a lifestyle defined by natural beauty, privacy, and effortless lake living.
Bathed in natural light, the thoughtfully designed interior features expansive living spaces and a seamless open-concept floor plan ideal for both everyday comfort and refined entertaining. The chef-inspired kitchen serves as the heart of the home, anchored by an oversized island that invites gathering, while walls of windows frame the tranquil wooded setting and create a seamless connection to the outdoors.
Just moments from your front door, exclusive community lake access includes a private swim dock, neighborhood dock, and boat launch for kayaks, canoes, and paddleboards—offering an effortless way to embrace life on Lake Norman. Nearby, Jetton Park, located approximately one mile away, provides miles of picturesque waterfront trails perfect for outdoor adventures while taking in breathtaking lake views.
Located along the tree-lined streets of Chapel Point Lane, this intimate, established enclave is prized for its distinctive character, mature landscape, and welcoming sense of community. While tucked away in a peaceful setting, the home enjoys convenient access to award-winning schools, upscale shopping, fine dining, golf, and the everyday conveniences that make this one of the region's most desirable locations.
Offering the rare combination of community lake access, timeless appeal, and an exceptional location, this residence presents an outstanding opportunity to experience the coveted Lake Norman lifestyle.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017