1925 Kemp
About This Property
The mobile home has been very well maintained and has a newer shingled roof and newer plumbing. The flooring has been upgraded or replaced at some time as well. The exterior is well painted and there are covered front and back porches. The front porch features a long ramp for easy access. This home has a vaulted roof throughout the house. It also comes with the appliances and is "MOVE IN READY". The stove, refrigerator, dishwasher, washing machine and dryer will all stay with the house so it will not take much to make this home ready for you!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Relisted | $135,000 | |
| Relisted | |||
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$135,000
↓ $10K
(6.9%) | |
| Price Decreased | |||
| May 17, 2026 | Listed by David Norman Land Company | $145,000 | |
| Listed by David Norman Land Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017