1074 Kendall Drive
About This Property
All 3 bedrooms are well sized and the bathroom has been gorgeously remodeled with quartz countertops on beautiful cabinets, a large-tiled shower with a built-in bench, and frameless glass shower door. The renovated kitchen offers gorgeous eramosa floor tile, beautiful cabinets, grey quartz countertops, glass tile backsplash, and stainless-steel appliances. The beautiful living room has a brick fireplace, refinished oak floors, and plenty of windows allowing for plenty of natural light. The gorgeous dining room sits adjacent to the living room and kitchen, making this home perfect for entertaining.
This home's large lot makes it the perfect home with so many possibilities to expand and grow, and even create the perfect entertainer's backyard with lots of privacy.
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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 27, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Compass | $948,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017