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8825 Chipita Park Rd
About This Property
Operated for 9 years as the Retreat at Chipita Park Bed & Breakfast, the property continues to function as a turnkey short-term rental during the summer months while also serving beautifully as a spacious multi-generational home.
Designed for everyday living and entertaining, the home features three laundry areas, three dishwashers, an oversized septic system with RV connection, wired 10-camera security system, a gym with 2-person sauna and two radon mitigation systems.
Major renovations include a stunning chef's kitchen with a oversized 4-seat quartzite island, custom cabinetry, butler's pantry, and south-facing green room; a luxurious primary suite with a spa-inspired bath, steam shower, soaking tub, kitchenette, fireplace, walk-in closet, and private laundry; and a beautifully finished 1,100+ sq. ft. lower-level apartment with elevator access to the main level, heated tile floors, independent heating, kitchenette, 36" pocket doors, laundry, and wood-burning stove.
Outside, enjoy your own private waterfall and pond, covered 4-person hot tub, greenhouse, chicken house, woodshed, climate-controlled storage, separate enclosed dog run, and an easy-maintenance xeriscaped terraced backyard. A nearby trail connects to the Green Mountain Falls Trailhead for hiking, while kayaking, fishing, shopping, dining, and entertainment are all just minutes away.
This exceptional property offers luxury, offers income potential, privacy, and mountain charm in one of the area's desirable unrestricted communities. Come discover why those who find Chipita Park rarely want to leave.
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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 |
|---|---|---|---|
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$1,350,000
↓ $75K
(5.3%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed | $1,425,000 | |
| Listed | |||
| Jul 9, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017