3824 KIM DRIVE
About This Property
Looking for the perfect winter retreat in a vibrant 55+ community where you own your land? This well-maintained 14' wide single-wide home in Terrace Park could be exactly what you've been looking for. This charming home features high ceilings, laminate flooring throughout, new curtains and blinds, and a beautifully tiled Florida room that's perfect for relaxing or entertaining. The open-concept kitchen and living room create a bright and welcoming space, complemented by a split-bedroom layout for added privacy. Recent improvements include new vanities and a medicine chest, a new freezer, freshly painted driveway, serviced roof, and a new TV antenna. The living room offers a ceiling fan and sliding doors that lead to the spacious 9x21 Florida room. The master bedroom includes double closets and a convenient half bath, while the guest bedroom also features a double closet for ample storage. The laundry area is located in an attached building at the head of the carport, complete with washer, dryer, and extra storage space. Terrace Park offers a wonderful lifestyle with a heated pool, shuffleboard courts, clubhouse, sidewalks, and a pet-friendly environment. Don't miss your chance to make this your perfect Florida home away from home - schedule your appointment today!
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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 Terrace Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,875 /mo
- 4 Beds
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- 3,365 ft²
$1,999 /mo
- 3 Beds
- 2 Baths
- 1,546 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017