218 Chestnut Ridge Road
About This Property
The land features a beautiful mix of wooded acreage, tillable ground, meadow, cleared areas, varied terrain, and a stream, creating a setting that works equally well for recreation, hunting, farming, livestock, timber, or simply enjoying the peace and freedom of a large private property.
At the heart of the property is a well-maintained 2012 3-bedroom, 2-bath home with 1,144 sq ft of living space. Inside, you'll find a bright and practical layout with a spacious kitchen, generous cabinetry, kitchen island, mudroom with laundry hookups, and oversized windows that bring in plenty of natural light. The home sits on a 4-foot concrete perimeter foundation and is equipped with propane forced-air heat, an owned propane tank, and a wood-burning stove.
Adding even more value is a separate hunting cabin with kitchenette, living/sleeping space, and on-grid utilities, along with a workshop/garage featuring concrete floors and wood-stove heat. Underground electric, septic, covered porches, ample parking, and the gated setting make this property especially well suited for year-round use.
Whether you're searching for a private homestead, hunting retreat, recreational property, farmstead, timber holding, or weekend escape, this property offers a rare combination of acreage, improvements, and seclusion.
Despite the peaceful setting, you're still within easy reach of Route 20, Sharon, Cherry Valley, and I-90 access, giving you privacy without complete isolation.
Nearly 120 acres. A home, hunting cabin, workshop, water, woods, open land, and endless possibilities, all in one private Cherry Valley property.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Realmart Realty, LLC | $529,900 | |
| Listed by Realmart Realty, LLC | |||
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Price Decreased |
$384,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Aug 4, 2024 | Listed by Country Boy Realty | $394,900 | |
| Listed by Country Boy Realty | |||
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This gated retreat, now available for the first time, offers a serene escape w/ end of the road setting on 117 acres of both tillable and wooded land. The property includes a well-maintained, and rarely used year-round residence, a hunting cabin, and workshop. The 2012 doublewide features 3 bedrooms, 2 full bathrooms, a modern kitchen with ample cabinetry, mudroom with laundry hookup, and oversized windows that fill the space with natural light. The home is built on a 4ft concrete perimeter foundation, with an enhanced snow load and wind rating capacity. The hunting cabin includes a kitchenette, living/sleeping area, and on grid utilities. The garage has woodstove heating and concrete floors. Despite its seclusion, this is only 5 minutes from Sharon & Route 20 and short commute to I-90.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017