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2309 N KHALIL Circle
About This Property
The open interior features vaulted ceilings, new ceiling fans, recessed lighting, new interior paint, 5½'' Craftsman baseboards and LVP flooring throughout, with tile in the bathrooms and laundry. In addition to the primary suite, all three secondary bedrooms are spacious and approximately 12' x 12'. The remodeled primary bath includes a freestanding soaking tub, dual vanities, private toilet room, 3' x 3' limestone flooring and surround, and a custom tiled walk-in shower. The secondary bath features a tiled shower and granite-top vanity. The laundry room includes Ashton Green cabinetry, utility sink and leathered black granite countertop.
Extended 3-car garage with 21' deep bays. Two 11' RV gates, including one with access from Leland Street. The other provides access to a 48' x 13' concrete slab rated for 40,000 lbs., ideal for RV, boat or trailer parking. The backyard includes a 10' x 30' raised irrigated planter plus additional dedicated irrigated planting areas. A/C units replaced in 2023 and 2026.
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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.
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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