3913 KING DRIVE
About This Property
Inside, the formal living and dining areas are bathed in natural light, creating a warm and inviting atmosphere. The chef's kitchen is a standout, showcasing custom coffee-glazed maple cabinets with self-closing hinges, granite countertops, and under-cabinet LED lighting. This space flows seamlessly into a generous family room, featuring a cozy wood-burning fireplace with a marble mantle.
The home boasts tile flooring throughout and includes all appliances. Benefit from hurricane shutters on every window and a fully paid-off security system. With no HOA or CDD fees, you have the freedom to make this home uniquely yours. Don't miss out-schedule your showing 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017