1906 KINGS FOREST TRL
About This Property
Modern touches are found throughout the home while preserving its gorgeous crown molding. The family room, located just off the kitchen, is surrounded by large windows that flood the space with natural light. A built-in mini bar with wine storage adds an element of sophistication, perfect for entertaining. The stone tile fireplace serves as a stunning focal point, creating a cozy yet elegant ambiance. The mudroom is equipped with built-in storage cubbies for added organization, leading into the laundry room for maximum convenience. Upstairs, the primary bedroom offers a luxurious en suite bathroom, featuring a standing shower and a built-in soaking tub, providing a spa-like retreat.
The exterior of the home is equally impressive, featuring two balconies at the front, a two-car garage, and a spacious driveway. The walk-out basement leads directly to a large, fenced-in backyard, offering ample outdoor space. Located in a desirable neighborhood, residents enjoy access to tot lots, tennis courts, and a community pool. With recent updates throughout, this home is truly move-in ready. Don't miss the opportunity to make it yours!
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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