11 Kim Avenue
About This Property
Step onto the inviting front patio and enter into a completely open floor plan-ideal for modern living. The spacious living room flows seamlessly into the dining area and updated kitchen, creating a bright and airy space perfect for entertaining.
Just off the main living area is a cozy den featuring cathedral ceilings with exposed beams, a gas fireplace, and custom-built-in bookcases-an ideal retreat for relaxing or hosting guests. A dedicated home office off the den leads directly to the attached garage for added convenience.
Upstairs, the primary suite boasts two walk-in closets and a private full bath. Two additional bedrooms share a second full bathroom in the hallway.
The lower level offers a partially finished basement with a recreation room, an additional bedroom, and an unfinished area perfect for utilities, laundry, and extra storage.
Outside, enjoy summer gatherings on the brick patio in the fully fenced backyard with plenty of space to entertain, play, or relax.
Notable upgrades include: hardwood floors, Central air, alarm system, 200-amp electrical service, inground sprinklers, generator hook-up, and Renewal by Anderson windows.
Don't miss this opportunity to own a thoughtfully updated home in a desirable Smithtown location!
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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