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40139 15th Street W
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Price Increased |
$1,115,000
↑ $15K
(1.4%) | |
| Price Increased | |||
| Jun 19, 2026 | Listed by Real Brokerage Technologies, Inc. | $1,099,990 | |
| Listed by Real Brokerage Technologies, Inc. | |||
| Nov 19, 2025 | Listed | $1,390,000 | |
| Listed | |||
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Welcome to your private oasis in the heart of Palmdale! This stunning 4-bedroom, 4-bathroom estate offers the perfect blend of comfort, luxury, and space on over 2 acres of land. From the moment you step inside, you’ll fall in love with the privacy and thoughtful design made for entertaining and everyday living.
The open-concept layout showcases elegant travertine flooring, granite countertops throughout, and a grand fireplace as the centerpiece for gatherings. The chef’s kitchen includes a spacious walk-in pantry and flows seamlessly into the formal dining room—perfect for hosting holidays and special occasions.
The primary suite features a cozy fireplace with custom stonework, a spa-like bathroom with dual shower heads, new granite counters, and updated glass enclosures. Two additional bedrooms toward the back of the home share a fully upgraded bath. A bonus room with a full bath on the opposite side of the house offers flexibility as a guest room, office, or fifth bedroom.
Step outside to a resort-style backyard complete with a built-in BBQ, mini fridge, sink, three ceiling fans, and retractable sunshades—ideal for summer relaxation. Enjoy your own tropical paradise with a sparkling pool and spa featuring a grotto, waterfall, lighting, and heating. An outdoor shower and a nearby full bathroom add ultimate convenience.
Car enthusiasts and hobbyists will love the 3-car garage with two car lifts and an attached ADU—perfect for guests or rental income. The ADU offers a full upstairs bedroom and bathroom, plus a downstairs living area. There’s even an additional structure currently used as a paint booth or bonus storage.
This rare property has it all: space, privacy, luxury, and income potential—your dream lifestyle starts here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017