1150 Kinglet Terrace
About This Property
4 bedroom, 3.5 baths with a 2 car garage. Large home for a large family. This house features two master bedrooms! Family room is perfect for entertaining family and friends. Tile floors, updated kitchen with granite, cathedral ceilings with exposed beams, huge screened patio and a beautiful fireplace. Located on a cul de sac. No HOA.
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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.
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About Eastwood of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017