1524 Kensington Drive
About This Property
Well-maintained 2-3 bedroom, 2 bath home, offering the perfect blend of space, comfort, and convenience! Nestled on half an acre, this home features: Large living room, formal dining room, spacious Kitchen with eating area, an enclosed 3-Season Room, finished basement, New Roof & New Vinyl Privacy Fence. Attached 2-Car Garage, 2 Sheds. Almost 2000 sq ft of living space including the enclosed 3 season room and finished basement!! Don't miss your chance to own this spacious updated ranch home in a prime Summit Township location. Call today to schedule a private tour and make this house your home!
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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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by RE/MAX MID-MICHIGAN R.E. | $204,900 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017