2405 Kipling Avenue
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Keller Williams Realty Spring Lake | $875,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
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This Sea Shore GEM is gracious and inviting perched in beautiful Spring Lake Heights just a stroll to beaches and downtown. Picture prefect curb appeal and tastefully decorated, this home meticulously maintained! Enjoy sun filled rooms, gleaming hardwood floors and freshly painted neural colors throughout the home. 4 bedrooms and 2 full baths make perfect for a year around home or summer getaway. 2 LIVING LEVELS PROVIDES PRIVACY FOR GUESTS OR IDEAL FOR MOTHER DAUGHTER LIVING. Enjoy morning coffee on the deck or BBQ in your fully fenced private yard. Nothing to do but unpack and enjoy everything the shore has to offer. This lovingly cared for home is a unique find and bound to be a family destination for years to come.
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| Jul 10, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by Jack Green Realty | $479,000 | |
| Listed by Jack Green Realty | |||
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Welcome to beautiful Spring Lake Heights. This updated raised-ranch offers 3 bedrooms and 2 bathrooms. Enjoy the open floor plan, updated kitchen, and hardwood floors. A large second story deck is perfect for morning coffee or entertaining guests. The lower level has plenty of space for a den or playroom. The backyard is fully fenced and yard is complete with a sprinkler system. This house will not last long, call or text listing agent for showings.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017