12634 Kettle River Pass
About This Property
- Flooring: The living areas, primary bedroom, and den have 5' wood tile planks, which can provide a stylish and durable option for these spaces.
- Exterior: The house has solar panels installed in 2020 by PES Solar, which come with a transferrable warranty. The widened entryway pavers create an inviting entrance, and the whole house gutters help with drainage. The ADT Video Doorbell is a security feature with an adjustable angle mount, and the garage door keypad provides convenient access. The upgraded landscaping and security lighting enhance the overall curb appeal and safety of the property.
- Kitchen & Dining Room: The kitchen features quartz countertops with a beautiful tile backsplash, creating an elegant and functional workspace. The electrical outlets have been relocated from the backsplash to under the cabinets for a cleaner look. The range tower cabinets above the microwave offer additional storage space. Over and under cabinet lighting, along with a transom window, provide ample illumination. The slide-in range includes pots and pans drawers, and there are custom fitted utensil and cutlery drawers. The kitchen is equipped with a French door refrigerator and a newer LG dishwasher.
- Bedrooms & Bathrooms: The bedrooms and bathrooms have quartz countertops with upgraded edges, adding a touch of luxury. The primary bath and powder room have framed vanity mirrors, while the primary bath and bath 2 feature frameless shower doors. The primary bath includes a custom shower niche with matching listello. Custom closet systems are installed throughout the bedrooms.
- Miscellaneous: The property has a high-end Carrier Infinity A/C system installed in 2019, ensuring efficient cooling. The great room features a custom built-in wall unit with lighting and a storage bench, combining functionality and style. The newer Samsung washer and dryer offer convenient laundry options. Extensive cabinet pullouts can be found in the kitchen, bathrooms, and laundry areas. The property has solid wood swing doors, LED hi-hats, and dimmer switches throughout. Plantation shutters provide privacy and light control, while upgraded lighting fixtures and ceiling fans add a touch of elegance.
- Garage: The garage has been extended by 2 feet in width, providing additional space for parking or storage. The epoxy floor enhances the appearance and durability of the garage. A 50-gallon hybrid water heater ensures ample hot water supply. The Grizzl-E car charging station allows for electric vehicle charging. Premium cabinets, a storage track wall system, and overhead storage provide ample storage options. The garage windows are tinted for privacy and energy efficiency. Additionally, two surge protectors are installed for the main panel and A/C unit, offering protection against power surges.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017