705 CHALFONTE DRIVE
About This Property
Outdoor living is equally impressive. The expansive backyard has been thoughtfully redesigned to include an extended patio, outdoor kitchen, fire-pit area, terraced landscaping, and landscape lighting. A RainBird irrigation system supports ease of maintenance, creating a setting ideal for both relaxation and entertaining. *Additional upgrades and features include:
• SolarZone ThermD windows throughout
• Two HVAC systems (both replaced in 2019)
• Tankless water heater
• ADT security system
• Automatic 20kW standby generator (annually maintained)
• Gutter guards for added ease of maintenance
• Recently refreshed interior and exterior accents (March 2026)
*705 Chalfonte Drive seamlessly blends timeless character with extensive modern upgrades-offering a flexible floor plan, elevated finishes, and an exceptional indoor-outdoor living experience in the heart of Beverley Hills.
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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.
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About North Ridge - Rosemont
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$5,299 /mo
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- 1,456 ft²
$2,080 /mo
- Studio
- 1 Bath
- 556 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017