83 Chase Point Road
About This Property
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2023 | No longer available | - | |
| No longer available | |||
| Feb 20, 2023 | Listed by Maxfield Real Estate | $1,900,000 | |
| Listed by Maxfield Real Estate | |||
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This property includes a 2 bedroom meticulously upgraded cottage w/a detached garage and guest house on Lake Winnipesauke, with one of the nicest views on the lake & high-end artistic touches, this property is an absolute gem. It sits at the end of Chase Point looking out at a Loon Sanctuary, facing northwest. With 97 feet of surveyed waterfront, views include, Farm & Chase Islands, Melvin Village, Ossipee Mts., & Red Hill. Level lot, garden space, custom lit exterior stone pathways. A newer dock system, a seating area for watching sunsets plus pathway to a sandy entrance to the lake. Master Suite w/high vaulted ceilings, large windows overlooking the lake. 2nd bath has a 72"cast iron soaking tub. Upgraded kitchen, w/Alder Wood cabinetry, granite counters, new appliances. Walkout living room connects to waterside deck with a hardwired gas grill, all only 25 ft from the lake. Hardwood floors, beautiful wood burning fireplace & custom stonework. Nest Thermostat & hardwired cameras & underground utilities. Detached garage w/workshop & 20x30 guest quarters above, w/kitchenette,3/4 bath, king size bed, vaulted ceilings & walkout upper deck with great views. There is also a 4 person infra-red sauna. A large part of Chase Point is owned by Camp Belknap, a YMCA Boys Camp, providing limited car and boat traffic. Tuftonboro tax rate at $6.44 per thousand is the 2nd lowest in the Lakes Region. There is also the possibility to go up a story to expand. Enjoy the quiet side of the lake! The manager has listed the unit size as 1053 square feet.
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| Mar 19, 2012 | Sold | ||
| Sold | |||
| Sep 19, 2009 | Listed by Maxfield Real Estate/Wolfeboro | $599,000 | |
| Listed by Maxfield Real Estate/Wolfeboro | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017