8017 W Chestnut Mountain Road
About This Property
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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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | Listed by Exit Realty Redefined | $1,250,000 | |
| Listed by Exit Realty Redefined | |||
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Nestled at the gateway to Galena's Chestnut Mountain Ski resort, this remarkable 4,200 square foot custom log home sits on a sprawling 40-acre parcel of Mississippi River bluff country. Upon arrival, the meticulous care and maintenance of this property are immediately evident, with the original farmstead barn standing proudly in pristine condition. Bordering each side of the 1,200-foot private lane leading to the home are wild game food plots, enhancing the natural beauty of the surroundings. Constructed from Massachusetts White Pine, the 4 bedroom, 3.5 bath log home boasts an impressive great room with soaring vaulted cathedral ceilings, anchored by a floor-to-ceiling stone-clad fireplace. Large Marvin windows facing south flood the space with natural light, offering breathtaking views of the wooded valley below. The open floor plan seamlessly transitions from the great room to the combined dining and kitchen area, featuring glass-front Hickory kitchen cabinets and a unique sunburst design adorning the east interior wall. The main floor also includes a spacious master bedroom with a private master suite, complete with a sunken whirlpool tub and separate walk-in shower, as well as a powder room and a combination laundry and mudroom. A standout feature of the home is the custom White Pine spiral staircase leading to two generously-sized second-floor bedrooms and bathrooms, with an open hallway overlooking the great room. The lower level walkout offers additional living space, including a large family room with a full wet bar and gaming area, a sauna, and ample room for hosting and entertaining guests. Interior French doors lead to a home office with built-in desk and bookcases, flowing into a bonus room that could serve as an exercise room or additional bedroom. Featured in Log Home Design Magazine and local newspapers, every aspect of this home was meticulously planned, from the square head nails adding a rustic touch to the 50-foot-wide deck perfect for sunset views over the wooded countryside. Hot tub. An additional screened porch provides a comfortable outdoor retreat, shielding from the summer sun while allowing enjoyment of the sights and sounds of nature. Expansive Acreage: Spread across 40 acres of picturesque landscape, this property provides ample space for outdoor adventures and exploration. Hunting Area: Embrace the thrill of the hunt in your own backyard with designated hunting areas teeming with abundant wildlife. From whitetail deer to wild turkey, this property offers prime hunting opportunities for enthusiasts of all levels. ATV Trail: Experience exhilarating rides along a well-maintained ATV trail that winds through the property's diverse terrain. Whether you're seeking a leisurely cruise or an adrenaline-fueled adventure, the ATV trail offers endless possibilities for outdoor fun. Scenic Views: Immerse yourself in breathtaking vistas of rolling hills, lush forests, and shimmering lakes that surround the property. Enjoy stunning sunrise and sunset views from the comfort of your own slice of paradise. Natural Beauty: Discover the beauty of nature at every turn, from tranquil streams and meandering creeks to towering hardwoods and native flora. This property is a haven for wildlife and offers unparalleled opportunities for birdwatching and nature photography. Secluded Location: Tucked away from the hustle and bustle of city life, this property offers complete privacy and serenity, allowing you to unwind and reconnect with nature in peace.
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| Dec 6, 2022 | No longer available | - | |
| No longer available | |||
| Dec 5, 2022 | Sold | ||
| Sold | |||
| Oct 24, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017