5194 CHASE LANE
About This Property
This custom-built contemporary main-level living home sits on a flat, beautifully landscaped 2+ acre lot and offers over 4,000 square feet of finished space designed for easy everyday living and effortless entertaining.
Inside, you'll find refinished hardwood floors, detailed custom carpentry throughout, and a completely transformed luxury kitchen-featuring quartz countertops, all-new high-end appliances, and stylish updated lighting. The open-concept great room connects seamlessly with the kitchen and dining area and features a wood-burning fireplace, oversized Anderson windows, and Pella French doors that fill the space with natural light and invite the outdoors in.
The main level includes a private primary suite tucked at the rear of the home, with two walk-in closets and direct access to the hot tub and patio. The updated en-suite bathroom features dual vanities, a soaking tub, and a large frameless glass shower-a well-designed space that's both functional and stylish. There are four total bedrooms on the main level, one of which is currently used as a home office with custom built-ins and a picturesque view of the sprawling front acreage. A full hall bath, large laundry room, and access to the oversized 2-car garage complete the main level.
The finished lower level offers additional living space, including a large recreation room, a full bathroom, a 5th bedroom (NTC), and a generous storage room. There is also walk-up access to the fully fenced backyard, making the space as functional as it is flexible.
Step outside and discover a backyard designed for true indoor-outdoor living. The expansive covered patio provides the perfect shaded space for dining, lounging, or watching the fun unfold in the in-ground pool hot tub. Surrounded by custom landscaping and mature trees, the backyard is both private and picturesque-ideal for entertaining or quiet evenings at home.
Additional upgrades include a new HVAC system (2023) and more. The flat, shaded front yard is ideal for play or gatherings, and you're just moments from downtown Warrenton with easy access to Routes 28 and 29.
Zoned for Kettle Run High School and located in a non-restrictive HOA. Over $110,000 in recent upgrades make this home truly move-in ready.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017