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103 Kamaiki Drive
About This Property
Inside, 2,419 square feet revolve around a great room joining the kitchen, living room, and breakfast nook. A leaded-glass front door opens to rich hardwood floors, vaulted ceilings, and arched entries throughout. The living area is anchored by a floor-to-ceiling limestone fireplace and a wall of windows framing the backyard, with a glass door to the covered porch.
The kitchen suits both everyday meals and gatherings: wood cabinets, stainless appliances, a central island, and a granite-topped bar wrapped in stone. Stained-glass pendants hang above, and a walk-in pantry keeps everything close. A breakfast nook with a bay window overlooks the pool, and a formal dining room stands ready for special occasions. A guest half-bath sits nearby.
The primary suite adjoins the living room and opens to the back porch, with an en suite bath featuring two vanities, a jetted tub, and a roomy multi-head shower. Across the great room, three secondary bedrooms offer generous closets and palm-blade fans, served by a full bath with cultured-marble counters.
Encircled by trees, the serene backyard sets this home apart. The covered porch runs the width of the home, with room to lounge and dine while the pool and woods stretch before you. Take a dip in the free-form pool or unwind in the hot tub, with nothing but wildflowers and birdsong around you. A side-entry garage and circle drive offer ample parking, and a laundry room off the garage adds a utility sink and storage.
The home needs some repairs to address deferred maintenance, and the price reflects that. For the right buyer, 103 Kamaiki Drive is a special opportunity to build equity and shape the home to your own taste.
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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 |
|---|---|---|---|
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Compass RE Texas, LLC | $399,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017