15426 CONRAD SPRING RD
About This Property
The main level welcomes you with a grand 2-story foyer, a well-appointed home office with built-ins, a cozy carpeted living room/playroom, and elegant hardwood and tile flooring throughout. The gourmet kitchen is equipped with stainless steel appliances, a double wall oven, gas cooktop, built-in desk, and an island with seating for 5. It seamlessly connects to the dining area, family room, and sunroom, offering an ideal layout for gatherings. The family room is enhanced by a wood-burning stove, perfect for chilly evenings. Convenience is paramount with a mudroom providing access to the garage, a powder room, a butler's pantry off the kitchen, and a laundry room complete with built-in cabinets and a freezer. The sunroom leads to a spacious deck and an expansive yard.
Ascend the wood stairs to the second level, where the primary en-suite awaits with picturesque views of the pool. The ensuite bath includes a soaking tub, shower with bench, and a walk-in closet. A unique versatile bonus room (in the primary suite) offers endless possibilities as a second office, nursery, project room or your dream walk-in closet! Three additional generous-sized bedrooms and a full bath with dual sinks ensure ample space and functionality. Beautiful hardwood floors through the upper level. The basement presents a large rec area with tiled floors, a home gym, a comfortable carpeted guest room, a full bath, and ample storage space.
Escape to the great outdoors in your backyard oasis, complete with a 25K gallon inground swimming pool, a pool house where you can open the barn door and shoot hoops, a treehouse, and raised garden beds-a haven for relaxation and recreation for ALL ages! This extraordinary property combines luxury, comfort, and outdoor enjoyment.
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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