438 Watson Road
About This Property
Set on a level, easily accessible lot-ideal for winter months-this 1,819 sq ft home features 4 spacious bedrooms, 2 full bathrooms, and an oversized 3-car garage, along with dedicated RV/boat parking. Enjoy relaxing mornings on the covered front porch or host friends and family on the expansive back deck, surrounded by mature trees that offer natural shade and privacy.
Inside, you'll find a layout designed for comfort and convenience, perfect for hosting or simply enjoying the quiet beauty of the surrounding nature.
Living in Chester means embracing true four-season living. In spring and summer, enjoy boating, fishing, hiking, and all the outdoor recreation Lake Almanor has to offer-thanks to the area's moderate temperatures and pristine alpine setting. When fall and winter arrive, immerse yourself in hunting excursions, snowmobiling, cross-country skiing, and snowshoeing across breathtaking snowy landscapes.
Come experience the charm, tranquility, and outdoor lifestyle that make Lake Almanor and the welcoming community of Chester so special. Your mountain home awaits.
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Century 21 Select Paradise | $400,000 | |
| Listed by Century 21 Select Paradise | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017