122 Kelp Gull DR
About This Property
The bathroom offers a relaxing retreat with a double vanity and walk-in shower, while the home also includes a convenient laundry room and covered parking spaces.
Step outside to enjoy a wonderful backyard with a deck and patio, perfect for relaxing or entertaining. The property also features a front electronic metal gate for added privacy and a separate metal-fenced area currently used for chickens, offering flexibility for pets, gardening, or other outdoor uses. A rare blend of modern comfort and versatile outdoor space.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 12, 2026 | No longer available | - | |
| No longer available | |||
| Aug 6, 2026 | Price Decreased |
$349,999
↓ $20K
(5.4%) | |
| Price Decreased | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by Keller Williams Realty | $299,999 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017