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3121 KLINE Road
About This Property
The interior showcases two remodeled bathrooms and a well-appointed kitchen designed to impress. Features include a center island, white shaker cabinetry, stylish backsplash, stainless steel appliances, granite countertops, and recessed lighting that creates a warm, inviting ambiance.
The expansive finished Florida room provides flexible space--ideal for a media room, home office, game room, or additional family area--perfect for both relaxation and entertaining.
The oversized driveway accommodates up to nine vehicles, offering rare and valuable parking capacity.
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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 |
|---|---|---|---|
| May 22, 2026 | Price Decreased |
$295,000
↓ $24K
(7.5%) | |
| Price Decreased | |||
| Mar 4, 2026 | Listed by FRESH START REALTY | $319,000 | |
| Listed by FRESH START REALTY | |||
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 21, 2024 | Price Decreased |
$299,000
↓ $8K
(2.6%) | |
| Price Decreased | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017