5615 KINGSLEY CORNER WAY
About This Property
Inside, the home feels anything but builder-basic. Wide-plank flooring, water softener, plantation shutters, extensive recessed lighting, crown molding, shiplap and statement accent walls add luxury and personality throughout. The main living area is open and inviting, with plenty of room to create distinct living and dining spaces while still keeping everything connected.
The kitchen is a standout, finished with quartz countertops, an oversized island, abundant cabinetry and a suite of upgraded stainless appliances, including a 36-inch ZLINE gas range and hood, wine fridge, built-in drawer microwave and 36-inch refrigerator. A farmhouse-style sink and crisp white finishes keep the space bright, while the adjacent laundry area is tucked behind oversized barn-style doors for a custom look.
The first-floor primary suite offers a private retreat with tray ceiling, statement herringbone accent wall and a spacious en-suite bath featuring dual sinks, a glass-enclosed shower and walk-in closet. Upstairs, the loft is joined by two generously sized secondary bedrooms, each with its own distinctive architectural details, along with a full bath.
Smart-home features add another layer of function, including integrated lighting, fan and thermostat controls, smart locks, Ring cameras and whole-home audio. Even the pets get their own thoughtful touch with a custom space tucked beneath the stairs and installed dog door.
Outside, enjoy a fenced side yard, screened patio and the convenience of a rear-entry two-car garage, all on a corner homesite or spend time enjoying everything FishHawk Ranch West has to offer, including community pools, fitness facilities, trails, parks, playgrounds and nearby shopping and dining.
With its first-floor primary suite, flexible upstairs living space, extensive custom finishes and convenience, this is a home that stands out from the moment you walk through the door.
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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 Fish Hawk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017