34 Kipling Way
About This Property
With the removal of an interior wall, natural light floods the open concept kitchen and living area. The roof is brand new. The lush backyard with mature landscaping and an in-ground pool creates a space that's ready to be enjoyed from day one. Located in a friendly neighborhood with easy access to schools, parks, shopping and the Jersey shore, this is a rare opportunity to own a home that's not just a place to live, but a place to belong.
Come see for yourself- you'll feel the difference the moment you walk in.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by EXP Realty | $700,000 | |
| Listed by EXP Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017