432 Kipp Road
About This Property
A standout feature of this home is the expansive great room addition, filled with abundant windows that flood the space with natural sunlight-perfect for gatherings or relaxing year-round.
Recent updates provide peace of mind, including new carpeting, a new roof, and a new leach field, along with many additional improvements throughout the home.
The property also features a two-car garage with with a brand-new garage door, heat/eclectricity, and an additional shed for extra storage or workspace.
With its generous space, modern updates, and beautiful setting, this home offers the perfect blend of comfort and functionality.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017