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14905 COBBLESTONE DRIVE
About This Property
Recent improvements include refinished oak hardwood floors, updated interior paint and woodwork, a refreshed kitchen with new counters, cabinets, and flooring, and a new roof and sheathing installed in 2024.
The flexible floor plan provides space for a variety of living arrangements, including five bedrooms, a finished lower level, a finished laundry room and pantry, and a dedicated workshop with custom shelving and workbench space.
Outside, gardeners and nature lovers will appreciate the raised garden beds, pollinator gardens filled with native perennials, two storage sheds, and a spacious stamped concrete patio complete with firepit area-perfect for entertaining or relaxing outdoors. A wood-burning fireplace provides a cozy gathering space during cooler months.
Storage is abundant throughout the property, including more than 200 square feet of attic storage above the garage. Unlike many homes, the oversized two-car garage remains functional for vehicle parking while still offering excellent storage capacity.
Conveniently located in the established Stonegate neighborhood with easy access to shopping, dining, parks, and major commuter routes.
Move right in and enjoy all that this special home has to offer.
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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