247 Kensington Road
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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 |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Newman Realty Inc | $899,000 | |
| Listed by Newman Realty Inc | |||
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Discover this exceptional colonial home situated on just shy of a third of an acre in the heart of Lynbrook. This charming residence boasts 4 spacious bedrooms and 1.5 bathrooms, beautiful hardwood floors throughout. The expansive 20x20 extension is perfect for gatherings, complete with a cozy gas fireplace. The inviting living room features a classic wood-burning fireplace, adding warmth and character to the space. Step outside to a generous 20x20 deck, ideal for entertaining or enjoying quiet evenings. The updated eat-in kitchen combines modern convenience with style, making it a chef's dream. Don't miss the chance to own this unique gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017