8900 LEONARDO STREET
About This Property
Step into a warm, welcoming foyer with rich hardwood flooring that carries through the main walkways. The heart of the home is a striking two-story family room, filled with natural light and framed by views of the surrounding trees, perfect for relaxing or gathering with friends and family.
The kitchen is designed for both style and efficiency, featuring classic white cabinetry, a walk-in pantry, newer stainless steel appliances, and plenty of prep space. It opens seamlessly to a bright and spacious dining area, ideal for casual meals or hosting a crowd.
The main-level primary suite is a true retreat, complete with tray ceilings, private access to the rear deck, an oversized walk-in closet, and a luxurious ensuite bath with dual vanities, soaking tub, and separate shower. Also on the main floor: a flexible second bedroom or office, a full hall bath, and a dedicated laundry room for added convenience.
Upstairs, you'll find three additional well-sized bedrooms, each with ample closet space, plus a shared bath with dual vanities and a separate shower/tub area to make mornings easier.
Enjoy the peaceful backyard from your rear deck, perfect for outdoor dining or quiet evenings under the trees. Additional features include a 2-car garage, plenty of driveway parking, storm windows, gutter guards (installed just two years ago), and low utility bills thanks to solar panels.
Located just minutes from shops, dining, schools, commuter routes, and local parks, this home offers a rare combination of privacy, community, and accessibility.
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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