2531 Kingdom Avenue
About This Property
Pride of ownership shows in this immaculate 3BD, 2BA, 2 car garage w/ updated kitchen, Granite counters and stainless-steel appliances. Master has large walk in closet and 2 separate sink areas. Large living room with vaulted ceilings and formal dining and has an eat-in kitchen! Beautiful curb appeal and freshly painted featuring accordion shutters, manicured yard with completely fenced back yard. Plumbed in natural gas for grill or firepit in the back & Sprinkler system just upgraded. Nothing to do here! A/C just serviced & a HOME WARRANTY WARRANTY
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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.
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About Kingsmill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017