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14940 15th Drive
About This Property
This home features a thoughtfully renovated kitchen with custom cabinetry, quartz countertops, stainless steel appliances, and a gas range, ideal for both everyday living and entertaining. Sunlight fills the space through well-placed windows and sliding glass doors leading to the private backyard-perfect for outdoor entertaining, summer gatherings, and relaxing evenings.
The home offers generously sized bedrooms with ample closet space, including a serene primary bedroom and additional rooms perfect for guests, or a home office. The updated bathroom showcases tasteful finishes and modern fixtures.
The fully finished basement adds exceptional versatility with recessed lighting, tiled floors, a separate laundry area, and abundant storage - perfect for a recreation room, gym, or extended living space.
Additional highlights include hardwood floors, ductless split A/C units, updated mechanicals, and a warm, neutral color palette throughout. Conveniently located near shopping, dining, parks, and transportation, this move-in ready home is an outstanding opportunity you won't want to miss!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017