1603 KINGS FOREST TRAIL
About This Property
Upstairs, the luxurious primary suite boasts a spa-inspired bath with separate vanities, soaking tub, separate shower, water closet, and an expansive walk-in closet. Three additional generously sized bedrooms and a hall bath with dual sinks complete the upper level. With over 3,600 finished square feet and 9-foot-plus ceilings on the main and upper levels, the home feels bright, open, and inviting throughout. The large unfinished lower level offers abundant storage and endless potential for future expansion. Enjoy outdoor living on the covered front porch or patio, and take advantage of community amenities including basketball and tennis courts and a pool (membership available). All set in a premier Mount Airy neighborhood convenient to downtown, shopping, dining, and I-70.
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017