26
Map
6385 Kingdom Avenue
About This Property
Light and bright interior with lots of windows and a great open floorplan. Spacious kitchen has loads of cabinet space and solid surface countertops. Pendant lights accent breakfast bar. Tile floors throughout main living areas and baths, with laminate in the bedrooms for easy maintenance. Master bed features built in shelving and 2 closets. Master bath has sizable shower with dual showerheads.
Large fenced backyard and covered patio are perfect for relaxing and entertaining. Bonus storage shed provides tons of extra space. Will not last! All offers must be entered through propoffers.com. An offer management fee of $175 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. This property is eligible under the First Look Initiative which expires after 20 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing. Subject to seller addendum. For financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property.'||chr(10)||''||chr(10)||'All information recorded in MLS is intended to be accurate but cannot be guaranteed. Buyer advised to verify. Sold As-Is.
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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