2 Kimbrough Road
About This Property
The master bedroom and bathroom are located on the main floor which includes a separate shower and garden tub with double marble vanities as well as tile floors. This master suite comes with two large walk in closets. There is a guest bathroom conveniently located off of the living area. The two additional bedrooms and a huge bonus room (which could be used as a bedroom, man (or woman) room or game room) is located right off of one of the bedrooms. There is a full bath located between the upstairs bedrooms. The roof is approximately 6 years old with dimensional shingles. Plantation shutters protect the exterior windows. The exterior is actual stucco for ease of maintenance. Dual A/C units keep this all electric home heated and cooled with lower utility bills due to the amount of foam blown insulation in the attic. As you exit the living area, the large tiled Florida room with three sliding doors, leads you out to the 30k gallon vinyl lined pool. The pool patio is completely enclosed and due to the mature trees, stays cool in the summer. There is a rock water fall feature and Hot tub (conveys as-is). There is an oversized two car garage with pull down stairs for storage. The property has in-ground irrigation with a 4 zone sprinkler system. Make your appointment today to see this property! Buyer to verify all data and dimensions.
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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