24
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57 KINGSTON WAY
About This Property
The updated kitchen is equipped with new stainless steel appliances, ample cabinet space, and a water filtration system serving both the kitchen sink and ice maker. The spacious living and dining areas provide an ideal setting for everyday living and entertaining. The primary suite offers a private full bath and generous closet space, while the second bedroom is perfect for guests or a home office.
Additional updates include a newer hot water heater for added peace of mind. Enjoy all that LeisureTowne has to offer, including clubhouses, swimming pools, walking trails, lakes, and a wide variety of recreational activities. Conveniently located near shopping, dining, major highways, and the Jersey Shore, this move-in ready home is waiting for its next owner.
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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