2222 KAY HILL DRIVE
About This Property
The main level features an open and inviting layout highlighted by a spacious family room and an impressive kitchen with granite countertops, custom cabinetry, stainless-steel appliances, and a walk-in pantry. The kitchen opens to the dining area, where sliding glass doors provide easy access to the rear patio. A welcoming foyer, dedicated front office, and convenient powder room complete the main level.
Upstairs, the primary suite offers a relaxing retreat with a generous walk-in closet and an expansive private bath featuring a freestanding soaking tub and separate glass-enclosed shower. Three additional bedrooms provide ample space, including one with its own en-suite bath. A full hall bath and dedicated laundry room add even more convenience to the upper level.
The fully finished walk-up lower level offers exceptional flexibility and can function as a separate living space or extended guest suite. It includes a living area, two additional bonus rooms that may serve as bedrooms, a full bath, galley-style kitchen, and a second laundry area.
Additional highlights include two kitchens, two laundry rooms, an attached two-car garage with an EV charger, a covered front porch, and convenient access to nearby shopping, dining, and major commuter routes to Washington, D.C. and Northern Virginia. With generous living space across all three levels and a layout that adapts to a variety of needs, this Stonewell home has so much to offer.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017