28 Chatham
About This Property
This storybook-inspired estate home, located on a traffic free cul-de-sac, spans 3,306 square feet, featuring 3 bedrooms, 2.5 bathrooms, and a large upstairs bonus room that can be transformed into a home theater or a 4th en suite bedroom. A downstairs office adds functionality to this elegant layout. The home's exterior, with its charming gated courtyard and lush landscaping, feels straight out of a fairy tale. One of only five estate homes with a private heated pool and spa, it offers a rare combination of luxury and exclusivity. The courtyard-shared by just 15 homes in the village-enhances the property's distinctive appeal. The expansive backyard and side yard provide a private sanctuary, featuring an outdoor built-in barbecue, two delightful gazebos, and three towering pine trees that add to its magical atmosphere.
With no neighboring homes directly behind, this residence offers exceptional seclusion and tranquility. Whether enjoying the whimsical outdoor spaces or the community's premier amenities, 28 Chatham delivers a lifestyle of elegance, comfort, and enchantment.
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | Listed by eXp Realty of California, Inc | $3,649,000 | |
| Listed by eXp Realty of California, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017