5517 Chimney Rock Road
About This Property
Step inside to discover a thoughtfully designed interior where comfort meets convenience. The heart of the home features a kitchen equipped with gas appliances and a practical peninsula layout, perfect for both daily meal prep and casual entertaining. A separate utility room adds to the home's functional appeal, providing dedicated space for household management.
The primary bedroom serves as a private retreat, complete with a generous walk-in closet that provides ample storage space. Two additional bedrooms offer versatility for family members, a home office, or guest accommodations. The home's living area is anchored by a dual-function fireplace system, featuring both wood-burning and gas options, allowing you to create the perfect ambiance year-round.
Outdoor enthusiasts and golf aficionados will appreciate the property's prime location. A short golf cart ride delivers you to the Abilene Country Club South Golf Course, where you can perfect your swing or enjoy a leisurely afternoon on the greens. The surrounding area offers a blend of recreational opportunities!
The neighborhood's convenient location puts you within easy reach of essential amenities. Natural Grocers is nearby for your shopping needs, while local schools and community facilities are readily accessible. The area's established character and mature landscaping create an inviting atmosphere that makes coming home a pleasure.
This residence stands as a testament to practical living, offering the perfect balance of comfort, convenience, and community. Join a community where neighbors become friends, and every day brings new opportunities to enjoy the best of Abilene living.
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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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by Arnold-REALTORS | $294,900 | |
| Listed by Arnold-REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017