420 Chadwick Drive
About This Property
The main level includes a spacious primary suite featuring a spa-inspired bath with dual vanities, a standalone soaking tub, walk-in shower, and an expansive walk-in closet. Also on the first floor are a private guest suite and a dedicated study, offering both comfort and convenience for everyday living and hosting.
The chef's kitchen is designed for both function and entertaining, complete with a large center island, scullery, and seamless connection to the dining area and family room. The family room opens to a screened porch equipped with Phantom Screens, Infratech heaters, and an outdoor grilling station, creating year-round enjoyment. The backyard retreat is finished with a custom saltwater pool and spa, along with a convenient pool bath.
Upstairs, three additional bedrooms each feature their own ensuite bath and walk-in closet, accompanied by an exercise room, recreation room, and versatile flex space.
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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 |
|---|---|---|---|
| Jan 2, 2026 | Listed by Raleigh Custom Realty, LLC | $3,150,000 | |
| Listed by Raleigh Custom Realty, LLC | |||
| Jun 17, 2025 | Listed by Real Broker, LLC | $550,000 | |
| Listed by Real Broker, LLC | |||
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Comp Purposes
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| Jul 28, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by Raleigh Custom Realty, LLC | $395,900 | |
| Listed by Raleigh Custom Realty, LLC | |||
| Dec 30, 1992 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017