4005 Chatham Lane
About This Property
walking distance to fine shops & restaurants and only minutes to the Galleria and the River
Oaks District. The 4/5 bedroom, 5 ½ bath home has it all, a spacious entry, both formal living
and dining rooms and a wet bar perfect for entertaining. A gorgeous chef's kitchen with high-
end stainless-steel appliances, quartzite countertops & island and a breakfast bar that opens
to a gracious family room. The first floor study boasts a beautiful brick floor that can
double as a 5th bedroom complete with a Murphy bed & built-in closet/drawers. The second floor
offers a nicely sized media area and a bonus office space providing an abundance of storage.
Professionally landscaped in 2018, with low maintenance turf in the backyard and an outdoor
kitchen. 3 A/C units replaced in 2019, 2 tankless water heaters in 2020 and freshly painted
interior & exterior in 2016. This is a must see!
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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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by Keller Williams Realty Metropolitan | $2,300,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Discover this stunning home in Highland Village! Boasting 4/5 bedrooms, 5 1/2 bathrooms, a grand foyer, formal living, dining room, and wet bar for entertaining. The chef's kitchen features a Thermadore range, quartzite countertops, and an island overlooking the family and breakfast room. A versatile private study can convert to a 5th bedroom with custom cabinetry and french doors. Upstairs, find 4 bedrooms, a media room, and office space. The primary bedroom offers a renovated spa-style bathroom. Outside, enjoy the turf backyard and fully equipped outdoor kitchen. Close to top shops, the Galleria, and River Oaks District.
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| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by Nan & Company Properties | $1,699,000 | |
| Listed by Nan & Company Properties | |||
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This lovely and immaculate home is ideally located in prestigious Highland Village within
walking distance to fine shops & restaurants and only minutes to the Galleria and the River
Oaks District. The 4/5 bedroom, 5 ½ bath home has it all, a spacious entry, both formal living
and dining rooms and a wet bar perfect for entertaining. A gorgeous chef’s kitchen with high-
end stainless-steel appliances, quartzite countertops & island and a breakfast bar that opens
to a gracious family room. The first floor study boasts a beautiful brick floor that can
double as a 5th bedroom complete with a Murphy bed & built-in closet/drawers. The second floor
offers a nicely sized media area and a bonus office space providing an abundance of storage.
Professionally landscaped in 2018, with low maintenance turf in the backyard and an outdoor
kitchen. 3 A/C units replaced in 2019, 2 tankless water heaters in 2020 and freshly painted
interior & exterior in 2016. This is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017