4305 WARNER STREET
About This Property
The upstairs features a luxurious primary suite with two large walk-in closets. The primary bath is equipped with two separate sink vanities, a soaking tub, a separate shower, and a water closet. Another bedroom features a convenient Jack and Jill bath with double sinks, providing functionality and style. The fourth bedroom offers a great guest suite with an en suite bath, ensuring privacy and comfort for visitors.
Enjoy a seamless transition to outdoor living through the sliding glass door leading to an expansive Trex deck, perfect for relaxation or entertaining guests. The deck overlooks a flat, fenced-in backyard complete with a storage shed. The lower level features a massive recreation room with high ceilings, a bedroom with a full bath, and a bonus space that could be converted into an additional office or gym.
Conveniently located just blocks from the public library, hardware store, Continental Pizza, Antiques Row, Safeway, Five Guys, Chipotle, Java Nation, and many more local amenities. Don't miss this rare opportunity to own a meticulously crafted luxury home in a prime location. The best of Kensington is right at your doorstep.
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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 South Kensington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017