11538 HIGHVIEW AVE
About This Property
Upstairs, you'll find an open and modern family room designed for relaxation and entertainment. This space boasts built-in cabinets, a bar with a wine fridge, and a fireplace. The owner's suite is a true retreat, with a large bathroom showcasing stylish tiles, a double vanity, a glass shower, and a spacious walk-in closet. Two additional generously sized bedrooms and a chic hall bath complete the upper level. Sliding glass doors open to the back patio and a private backyard, perfect for outdoor gatherings. The huge backyard, adorned with mature trees, provides a private oasis. This property is conveniently located close to Kensington and Westfield shopping centers, featuring Costco, Target, and plenty of restaurants and shopping options. Additionally, it offers easy access to major routes, parks, and public transportation.
Don't miss the chance to make this exceptional property your new home!
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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 North Kensington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017