15837 Esprit Run
About This Property
The gourmet kitchen is a standout with a large island, two-tone cabinetry, granite countertops, cabinets on both sides with soft-close doors and rollout drawers, pendant lighting, range hood, cabinet hardware, under-cabinet lighting, and an instant hot water dispenser. A tall pantry with multiple shelves adds convenience, while the adjacent dining area captures scenic backyard views.
Enjoy outdoor living on the spacious covered composite deck with turf grass and a fenced yard. Inside, you'll find upgraded lighting, wood beams in the kitchen and family room, and a cozy gas fireplace with a custom hearth. A private office with tall double doors, built-in cabinets, and closet organizers offers functionality and style.
Additional highlights include a tray ceiling, upgraded half bath, humidifier, radon mitigation system, and an unfinished basement with extensive built-in cabinets and utility sink. The laundry room is fully equipped with a Duet washer and dryer, extra cabinetry, and a utility sink.
The oversized 3-car garage features epoxy flooring, built-in cabinets, wall hooks, a wall heater, and a radicchio irrigation system. The primary suite is a true retreat with a sitting area, bay window, tray ceiling, and a luxurious bath with dual granite vanities, soaking tub, and custom-tiled glass shower. Closet organizer systems are included in both bedrooms.
Finishing touches include wrought iron stair railing, window well covers, and a storm door-making this home as functional as it is beautiful.
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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