38
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524 Kimberly Circle
About This Property
This home has been tastefully updated with vinyl flooring throughout installed with extra padding for walking comfort, freshly painted with stone accents and specialty faux finishes, new blinds as well as new low profile microwave and range. The remainder of the appliances are 2018.
The home has excellent flow and has open feel. Kitchen has multi use areas for maybe a floating island and coffee bar.
Master bedroom has large walk in closet with full bath and updated vanity. Secondary bedroom has built in finishes and bath has walk in shower.
Off the living room you have a large florida room under air with sliders onto porch where you find your secondary driveway. On the other side of home you have your covered screened porch. You will also find your utility room that houses the washer/dryer. The carport is large enough for multiple cars.'||chr(10)||'The home is also walking distance from the HUGE pool/clubhouse/shuffleboard/BBQ and pavilion!!! Roof @7yrs- AC @3 yrs.- HWH @5 yrs- W/D @5 yrs.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017