3 KLINE BLVD
About This Property
Beautifully updated and impeccably maintained expansive rancher in Baker Park- walkable to all things downtown!
This 1/3-acre lot is beautifully landscaped with privacy fencing.
Recent updates include roof 2019 and a complete remodel in recent years will new kitchen, appliances, baths lighting and surface refinishing, a basement remodel which includes a large rec room, 2 bonus rooms that serve as a gym and guest suite, a large laundry and half bath.
The professionally designed hardscape/landscape offers private sitting areas, outdoor dining areas and many planting beds.
There is a detached 2 car garage and paved driveway for additional guest parking.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017