15371 Grasslands Dr
About This Property
Designed for both function and style, this home boasts 4 well-appointed bathrooms, a main floor office, and a range of premium finishes and amenities. Host unforgettable gatherings in the backyard, where a custom paver patio awaits with a built-in firepit, a sleek bar, and a sophisticated 10x13 louvered aluminum pergola that provides shade and style.
The open-concept kitchen is a chef's dream, featuring a gas range, glass subway tile backsplash, crisp white 42" cabinetry, polished granite countertops, and modern black stainless steel appliances.
This south-facing gem is ideally located within walking distance of a neighborhood playground, schools, and scenic trails. Convenient access to Costco, Trader Joe's, King Soopers, and a future Whole Foods makes shopping a breeze. Additionally, solar panels by SunStreet-Sunnova are already installed with no monthly payment required.
Recent updates include a new Class IV impact-resistant roof installed in 2024, a radon mitigation system added in 2019, and updated light and fan fixtures throughout the main floor. This home blends thoughtful design with modern conveniences, offering both luxury and practicality.
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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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Price Increased |
$699,900
↑ $10K
(1.4%) | |
| Price Increased | |||
| Aug 29, 2024 | Price Decreased |
$690,000
↓ $9K
(1.3%) | |
| Price Decreased | |||
| Aug 25, 2024 | Price Decreased |
$699,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017