5 Chestnut Ridge Road
About This Property
Upon entry, you'll be immediately impressed by the soaring cathedral ceilings and skylights that flood the home with an abundance of natural light. The heart of the home is the open-concept kitchen, perfectly positioned between the family room and spacious sunroom-an ideal layout for both everyday living and entertaining. Sliding doors from both the family room and sunroom lead to a generous Trex deck, creating seamless indoor-outdoor living.
The family room features a beautiful fireplace, while the sunroom offers skylights and a ceiling fan. Recessed lighting runs throughout the family room, kitchen, and sunroom. The kitchen boasts ample cabinet space, granite countertops, gas cooking, and stainless-steel appliances. Just off the kitchen is the laundry area and private office, which offers the potential of a first floor bedroom.
Upstairs, you'll find 3 spacious bedrooms, each with walk-in closets. The primary suite is truly impressive with two walk-in closets, a private full bathroom and access to a large storage area. An additional full bathroom rounds out the second floor living space.
Additional highlights include a two-car garage, an unfinished basement with great potential for future expansion, and a backyard perfectly sized for relaxing or play. This home offers central air conditioning, natural gas, municipal sewer, a newer roof, and a brand-new well pump.
Ideally located close to shopping, dining, and major commuter routes, including easy access to the Taconic State Parkway and Metro-North. Don't miss the opportunity to own this exceptional home in one of the area's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by RE/MAX Town & Country | $600,000 | |
| Listed by RE/MAX Town & Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017