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15221 REDGATE DRIVE
About This Property
The formal living room features hardwood floors, crown moldings and a fireplace, while the formal dining room showcases hardwood floors and crown moldings. The bright eat-in kitchen offers granite countertops and backsplash, stainless steel appliances, and a combination of recessed and pendant lighting. Off the kitchen, the comfortable main-level family room features hardwood floors, a brick-hearth fireplace, and a sliding glass door providing direct access to the expansive rear deck. A main-level office and half bath add versatility and convenience.
Upstairs, skylights brighten the landing and lead to four bedrooms, all with hardwood floors, and two full baths. The spacious primary suite includes a sitting room and private bath with a soaking tub and separate stand-up shower. The lower level provides additional flexibility with a spacious family room or guest space, adjacent full bath, storage room, laundry, and convenient access to the front-loading two-car garage.
Outside, the beautiful wooded lot provides a rare sense of privacy, while generous off-street parking and the two-car garage add everyday practicality. Ideally positioned for convenient access to Stonegate Swim Club and Stonegate Elementary School, this well-maintained Colonial combines timeless style, flexible living spaces, and a wonderfully private setting.
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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%.
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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.
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 14, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Listed by Long & Foster Real Estate, Inc. | $750,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| May 13, 1988 | Sold | ||
| Sold | |||
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About Colesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017