7022 KIMS Way
About This Property
Several key improvements have already been completed, including a new metal roof, updated flooring in the main living areas, new ceiling fans and a new shower surround in the primary bath. The spacious kitchen and dining area open to the living room, while the primary suite features a generous walk-in closet. Inside laundry and ample storage add everyday convenience.
Outside is where this property really shines. Covered front and back decks offer plenty of space to relax and enjoy the fresh mountain air and panoramic views. The property also features apple and pear trees, garden and storage sheds, fenced areas, a detached covered carport and a backup generator.
There is still room for cosmetic updating, making this a great opportunity to add your own style and finishing touches. If you're looking for a little more breathing room, mountain scenery and a property with improvements already underway, this one is ready for its next chapter.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2026 | Listed by Sonya L Stockhaus | $249,000 | |
| Listed by Sonya L Stockhaus | |||
| Jul 12, 2025 | Relisted | $280,000 | |
| Relisted | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Listed | $280,000 | |
| Listed | |||
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Country setting with gorgeous views! Don't miss this opportunity to take this home and make it your own. The sellers have started with some lovely upgrades, including a new metal roof, new flooring in the living areas, new fans and a new shower surround in the primary bathroom. This property has lots to offer with apple and pear trees, storage and garden sheds, a back-up generator (just in case) and covered front and back decks to enjoy the fresh mountain air. Home need some minor cosmetic updating, but it's the perfect canvas to create your own paradise.
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| Aug 23, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017