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15307 RIDING PATH COURT
About This Property
A standout feature of the main level is the office suite, an ideal work-from-home setup that feels both functional and comfortable. With a lounge area featuring wainscoting and recessed lighting leading into a private office with its own door, this space offers flexibility for work, creativity, or quiet retreat. A laundry room and half bath are conveniently located on this level. Upstairs, the expanded owner's suite offers a peaceful retreat at the end of the day, complete with a tray ceiling, chair rail, two large closets, and a private bath. French doors open to the beautifully updated bathroom featuring a soaking tub, frameless glass shower, and double vanity, creating a spa-like experience right at home. Three additional bedrooms and a full hall bath with a double vanity complete the upper level. The lower level is ready for fun, relaxation, and everything in between. The spacious rec room includes a wet bar with a beverage fridge, perfect for entertaining. The Brunswick pool table conveys, so you can start enjoying the space from day one. Walk-out access leads to the patio with a fire pit, creating the perfect setting for cozy evenings outdoors. This level also includes a full bath and two private rooms that can easily adapt to your needs: home gym, guest rooms, hobby space, office, or anything you envision. With over $150K in upgrades, this home has been thoughtfully improved both inside and out. The oversized deck is ideal for outdoor dining and gatherings, while the professionally landscaped yard and in-ground irrigation system make maintenance simple and stress-free. Located close to shopping, dining, and entertainment, with easy access to I-95 and Route 29, this home offers the perfect balance of space, comfort, and convenience. Welcome home. You're going to love it here.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017