419 KENNEBEC RD
About This Property
combination. The kitchen overlooks the sizable den which features surround sound speakers, built-in custom floor-to-ceiling bookshelves, and a gas fireplace. Coming back around to the foyer you'll pass steps to the lower level of the home to your right which the owners presently use as a spacious home office but could easily function as a child's playroom, a home gym, or "man cave". Back through the foyer and up the first half of the quarter turn staircase you'll enter the massive living room with elevated ceilings, bow windows, and more Brazilian hardwood flooring. At the top of the staircase, you'll reach the bedroom level where two equal-sized large bedrooms sit to the right. A hallway bathroom renovated with dual vanities in the same style as the first floor's powder room is also on this level. Finally, the immense owner's suite awaits you on the left side of the bedroom floor featuring a large bedroom with an additional wood-burning fireplace, walk-in closet, separate shower and whirlpool tub, dual vanities, and an in-home sauna! Truly a unique treat.
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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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Redfin | $499,900 | |
| Listed by Redfin | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017