2709 Kingsland WAY
About This Property
Step into this home and be greeted by the grandeur of vaulted ceilings in both the foyer and living room, creating an inviting sense of space and light. The primary bedroom, conveniently situated on the main floor, offers a serene retreat, while upstairs, the additional bedrooms provide privacy and separation. Relax and rejuvenate in the newly renovated primary bathroom, featuring a luxurious standalone tub. With fresh flooring and plush carpeting in the primary bedroom and upper level, this residence is ready to envelop you in comfort and style.
Upgrades include: full renovation of primary bathroom in 2020 ($20k upgrades), custom bookshelf & cabinetry in office upstairs, upgraded flooring in primary bedroom and bathroom, upgraded carpet upstairs, new whirpool range, new roof 2023, and new fence installed in 2022.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Keller Williams Realty | $575,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017