5157 Kay Drive
About This Property
This 2-bedroom, 1-bath home in Summit Township is full of character and just a short walk to Vandercook Lake. Original hardwood floors add warmth and charm, while the updated kitchen brings a fresh, modern touch.
The living room offers a comfortable space to unwind or entertain. Both bedrooms are freshly painted and versatile-ideal for rest or remote work. The dry basement adds plenty of storage, laundry, and rec space.
Enjoy peace of mind with updated mechanicals and a low-maintenance interior. Outside, the oversized 2-car garage is perfect for storage, projects, or parking.
The nearly acre-sized backyard is a standout-mature trees, open space, and room to enjoy.
Simple, stylish, and ready for you.
Call Ray Yager at to see!
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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