1468 Kensington Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 28, 2024 | No longer available | - | |
| No longer available | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by First Team Real Estate | $1,899,999 | |
| Listed by First Team Real Estate | |||
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Beautiful 5 bedroom Pool home in prestigious 'Raymond Hills". This Residence sits on the Top of the Hill, Cul-de-Sac location with huge parkway frontage in a private setting. Beyond the black wrought iron front gating sees a private yard for the kids or just a space to take in the moment and observe the large mature Sego palms or the smell of fruit from the Orange and Lemon trees. Enter the home thru a red brick entry as you move toward the large double front door entry made of hardwood, Steele and glass sidelights To the left, notice the sunken living room with expansive high beamed ceilings and a wood burning fireplace welcoming you below - A happy space most certainly. The flow of the home offers views to the sparkling blue swimming pool from the kitchen, formal dining and eat in kitchen living areas.The full custom kitchen boast full to ceiling hardwood cabinetry, granite counters, a four burner gas cooktop with griddle and grill and a commercial oven below. All updated lighting and that pool view! One level down is the Family Room or Den with hardwood flooring for family time or entertaining. Large Master Bedroom and Master bath compliment each other with a 5 jetted couples tub, his and her vanities, large stall shower and a walk in closet with additional closet to acommodate the wardrobe. Some city vista views from the Master and step balcony with Disney fireworks to go.The rear yard is designed around the 50' Pool perfect for entertaining and summertime events. large shed in rear yard has potential for an ADU as it is insulated with heat and power.The 3 car garage offers 2 EV charging stations and plenty of cabinetry. Large concrete driveway can acommodate up to 4 cars. RV opportunity!
A beautiful Home awaits you here on Kensington Drive. Enjoy all the community has to offer. Walking distance to Troy High School and others nearby. The manager has listed the unit size as 2727 square feet.
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| Dec 13, 2018 | Sold | ||
| Sold | |||
| Nov 1, 2018 | Listed by Reliance Real Estate Services | $1,199,800 | |
| Listed by Reliance Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017