5 Kettle Ln #38
About This Property
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Kinlin Grover Compass | $585,000 | |
| Listed by Kinlin Grover Compass | |||
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Privacy abounds at this Vineyard style end unit surrounded by greenery and wooded views at Southport. Located at the end of a cul de sac, this floor plan offers the convenience of one level living with plenty of additional space for entertaining on the walk-out lower level. Features include wood floors, eat-in kitchen, dining room with cathedral ceiling and Palladian window, and custom built-in cabinet in living area. The expansive upper deck overlooks the serene setting. Primary suite offers a spacious walk in closet, private full bath and laundry. Guest bedroom has been newly carpeted and the adjacent guest bath has been updated. On the walk out lower level you will find two bonus rooms w/ new carpeting, an impressive family room with built in cabinets, full bath, large cedar closet, storage room and storage closet. Freshly painted with a new furnace and AC, this condo truly offers it all including the location you've been looking for!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2024
|
2 Bed
|
3 Bath
|
2342 ft²
|
$585,000
2 Bed
3 Bath
2342 ft²
|
$600,000
+2.56%
06/03/2024
|
Carli Taylor
Kinlin Grover Compass
| |
|
05/01/2024
| |
2 Bed
|
3 Bath
|
2342 ft²
|
$585,000
2 Bed
3 Bath
2342 ft²
|
-
-
|
Carli Taylor
Kinlin Grover Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017