176 Kingfisher Road
About This Property
The first floor features a beautifully renovated eat-in kitchen with elegant marble countertops, a generous living area, three well-sized bedrooms, a full bathroom with in-unit laundry, and a large bonus room currently used as a pantry/storage space.
The second floor provides a flexible layout, highlighted by two bedrooms-including an oversized primary-one full bathroom, a second living area, and an additional open-concept room perfect for a home office, den, or recreation space.
Set on expansive 51x114 grounds, this 1,664 sq ft home offers ample outdoor space, complete with in-ground smart sprinkler systems and a fully fenced yard. Additional updates include a newer boiler and oil tank.
Conveniently located near major roadways including Wantagh Parkway and Hempstead Turnpike, offering easy access to shopping, dining, and transportation. This home is being sold AS IS, presenting a great opportunity to customize and make it your own.
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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 Levittown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017