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20161 Kline Drive
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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 |
|---|---|---|---|
| Jul 3, 2019 | Sold | ||
| Sold | |||
| May 7, 2019 | Listed by First Team Real Estate | $1,198,888 | |
| Listed by First Team Real Estate | |||
| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
| Nov 28, 2018 | Listed | $975,000 | |
| Listed | |||
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First time on the market since 1965 – a rare and incredible find! This wonderful Upper Back Bay/Santa Ana Heights home sits on a large 7,326 square foot flat lot with sprawling backyard and open floorplan. It is perfect for a remodel – the next owner can transform this family home with their personal style. There is wonderful indoor-outdoor flow from the expansive exterior area into the living room and kitchen. The current floorplan offers 2,563 square feet with a full bedroom and bathroom downstairs plus formal dining room, formal living room, large den, and attached two car garage. The second floor is equipped with three secondary bedrooms, secondary bathroom, and sizeable master suite including large master walk-in closet. Fabulous backyard includes enchanting gazebo, large grassy area, water fountain, and additional hardscape - perfect for entertaining guests. This home is centrally located with close proximity to John Wayne Airport, South Coast Plaza, Back Bay Nature Preserve, hiking trails, and Newport Peninsula. The manager has listed the unit size as 2563 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017