7 KEN MAR AVENUE
About This Property
Beautifully remodeled 4-bedroom, 3-bath brick rancher offering nearly 4,000 sq ft of finished living space on a .49-acre lot with a 3-car garage and two sheds.
The open kitchen and sunroom feature granite counters, gas range, and stainless appliances, flowing seamlessly into a vaulted family room with four sliders and access to a two-tier deck, perfect for entertaining. The spacious primary suite includes a walk-in closet and private bath.
The finished lower level features a second family room with oversized fireplace and a private-entry office ideal for remote work. Recent upgrades include a new roof, two new AC units, full-yard irrigation, landscape lighting, extended master closet, alarm and video systems, glass front door, and city sewage (no septic). Enjoy a newly paved road, extended driveway, and beautifully maintained landscaping.
Seller's new construction will be ready by early-February. She'd prefer a January settlement and rentback through 3/1/26.
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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 Pasadena
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017