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15547 SECOND STREET
About This Property
The home offers approximately 4,398 square feet across three finished levels with 4 bedrooms, 3 full baths, a detached 2-car garage, and extensive off-street parking an uncommon feature in Waterford. The current owners have completed substantial renovations and updates while preserving the home's historic character. The newly renovated kitchen features custom cabinetry, premium appliances, skylights, a butler's pantry, and an oversized mudroom filled with natural light. Living spaces are warm and inviting, including a large great room with fireplace, wet bar, oversized windows, and French doors opening to the outdoor living areas. A formal dining room, family room, and sunroom with radiant heated floors complete the main level.
Upstairs, the primary suite includes cathedral ceilings, a fireplace, walk-in closets, and a spacious bath with double vanities, all overlooking the surrounding countryside. Three additional bedrooms and two full baths complete the upper level, while the finished third floor provides flexible bonus space, office space, or additional storage.
One of the property's most special features is the setting itself. The grounds offer exceptional privacy with mature landscaping, specimen plantings, fenced pasture areas, a garden shed, a peaceful water feature with waterfall, stone patio and custom pergola. Additional features include a high-yield well, public sewer, brand-new AC system, portable generator hookup, and numerous recent system and cosmetic improvements throughout.
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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 |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| May 24, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Hunt Country Sotheby's International Realty | $1,675,000 | |
| Listed by Hunt Country Sotheby's International Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 16, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017