12316 KITTEN TRAIL
About This Property
with this 3-bedroom, 2-bath concrete block home nestled on 1.92 acres. This well-maintained
residence features a spacious 2-car garage, a large, detached garage/workshop with two roll-up
doors, and a fully fenced yard-ideal for privacy, pets, or hobby farming. Step inside to find a
bright and functional layout, complete with all appliances included. The open kitchen and dining
area lead to the back patio through beautiful French doors-perfect for relaxing or entertaining.
A dedicated laundry room with washer and dryer adds convenience to daily living.
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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 Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017