1901 KINGS FOREST TRAIL
About This Property
The spacious eat-in kitchen serves as the heart of the home, thoughtfully designed with an 11.5 foot center island with breakfast bar, decorative backsplash, ample cabinetry, and a pantry. It flows seamlessly into the sun-drenched morning room, where a wall of windows and direct access to the deck create a perfect setting for casual dining and indoor-outdoor entertaining. Just beyond, the impressive two-story family room offers an open, airy atmosphere filled with natural light. A private office, powder room, laundry room, and access to the attached two-car garage complete the main level.
Upstairs, the expansive primary suite is a true retreat, showcasing soaring cathedral ceilings, a comfortable sitting area, and a en-suite bath with separate vanities, a soaking tub, and a glass-enclosed shower. Three additional spacious bedrooms and a full bath complete the upper level. The unfinished lower level provides abundant storage and endless potential for customization. Outdoor living is equally inviting with a covered front porch, a deck perfect for entertaining, and a fully fenced backyard.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017