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15038 Grand Central Parkway
Property Overview
Pending
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
4
Beds
3
Baths
Interior Living Space (Sq Ft)
2470 sq ft
Lot Size (Sq Ft)
2,275 sq ft
Year Built
1920
Price/Sq Ft (Living Area)
324$
Price/Sq Ft (Lot Size)
352$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
Latest Check
Tax Year
Annual Tax
N/A
Assessed Value
N/A
Price History
Zestimate Range
$477k – $1011k
+66.4%
since 2016
2016: $477kNow: $794k
Zillow Zestimate history · 108 data points
Environmental Hazards
Flood Risk
Zone X
Jamaica, NY has a history of significant flooding. Jamaica Bay has experienced chronic, damaging floods due to landscape changes and sea level rise, with some neighborhoods flooding frequently. Hurricane Ida in September 2021 caused immense damage and fast-rising waters in Jamaica, Queens, resulting in fatalities in basement homes and 5-6 feet of water in basements. Flash flooding also occurred in Jamaica, Queens in May 2026 due to heavy rain, with vehicles navigating floodwaters.
Zumintel Report
EVALUATED FOR: LIVING + STR (AIRBNB)
15038 Grand Central Parkway, Jamaica, NY 11432
SINGLE_FAMILY•August 13, 2026•MLS #1032496•Pending
71/100
Living + STR Score
STR Regulation Warning: unclear
Regulatory compliance must be verified before STR operations.
Summary: Zumintel Engine assessed this property's zoning from neighborhood context — no specific parcel zone was confirmed. Legal compliance for STR use remains uncertain due to zoning.
Zoning determined by AI research. Verify your parcel before investing.Verify on official map
Executive Summary
Verdict Locked
This single-family home in Briarwood offers notable upside due to its location and the potential for dual-income with a separate entrance basement.
Est. Price
$799,999
Square Feet
2,470
Year Built
1920
Configuration
4bd / 3ba
Market Context
- Pricing PositionPriced above median neighborhood price.
- Liquidity RiskAverage with properties typically on the market for 76 days.
- NeighborhoodLocated in a desirable area with access to major transport links.
- Local MarketMedian Neighborhood Price: $916,975 (+21.6% YoY)Market Velocity: Decreasing • Inventory: Balanced • Avg DOM: 76 days
- Investment PotentialEstimated Rent: $4,560/moCap Rate: 4.45% • 5-Year Growth: -
- STR MarketConsiderable demand for STR in regions with limited legal clarity.
Location & Destination
Tourist Destinations
- ★Queens Botanical Garden
- ★Flushing Meadows-Corona Park
- Prime area with excellent transit access to Manhattan.
- Proximity to shopping and dining enhances convenience.
- Recreational parks and essential amenities nearby improve livability.
- Connected to major highways offering ease of travel.
Market Opportunity Synthesis
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M
Payment Calculator
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Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$5,912
Principal & Interest
$4,045Operating Expenses/mo
$1,867House Hack Impact
Estimated Payment$5,912
-Projected STR Revenue-$2,468
Net Payment Out-of-Pocket$3,444/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Fully updated within the last 5 years, offering an immediate move-in option.
- •Separate entrance basement adds significant flexibility and potential for income.
- •Excellent highway and public transit access enhancing commutability.
- •Proximity to major shopping and dining hubs increases convenience.
Considerations
- •Priced significantly above neighborhood median can limit buyer pool.
- •STR legality may be uncertain or restricted due to zoning.
- •High price per square foot relative to area standards.
Due Diligence
- •Verify flood zone status for current up-to-date specifics due to historical flooding in the area.
- •Check for any undisclosed legal restrictions on short-term rentals.
- •Confirm the structural integrity given the property's age and update timeline.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
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Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
Medium Match
Short-Term
Medium Match
Living+STR
Medium Match
rental
Low Match
House Hack
Low Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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