11615 Kingridge Drive
About This Property
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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 |
|---|---|---|---|
| Jan 3, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2023 | Listed by Orchard Brokerage | $975,000 | |
| Listed by Orchard Brokerage | |||
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Welcome to your dream home, a luxurious haven nestled on a sprawling 2-acre estate. Meticulously renovated, this home exudes an air of sophistication and timeless elegance. The main level features a gourmet kitchen with granite countertops, stunning stone detailing over the range, and a convenient butler's pantry. The living room is a perfect blend of comfort and luxury, with tray ceilings and a cozy fireplace. The primary bedroom boasts large bay windows overlooking the backyard, an ensuite bath and an expansive walk-in closet with custom shelving. Upstairs, a versatile game room awaits your personal touch. However, the true magic lies outside, where this 2-acre property unveils paradise. The in-ground pool, complete with a slide, is the centerpiece of the property while the outdoor patio with a fully equipped kitchen and a cozy fireplace promises unforgettable gatherings under the open sky. This magnificent home is not just a residence; it's a masterpiece that defines luxury living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017