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709 Kittyhawk Way
About This Property
nook has chandelier lighting dome beam ceiling and view of the backyard and pool. The family Room has coffered ceilings, recessed lighting, fan and two French doors that lead to the covered
summer kitchen and patio. The first floor also has a guest bedroom with French doors to the patio, carpet floor, reach in closet, fan and
recessed lighting, an ensuite bath/ cabana bath with steam shower feature. The den has engendered wood floors, fan and recessed lighting, plantation shutters and beam ceilings. The den has private access to the first floor powder room. Beautiful wooden staircase leads to 2 nd floor relaxing sitting room with cherry wood floors and recessed lighting. 2 nd floor master bedroom has private foyer area with wood cabinetry, granite counter tops, carpet floors, oversized walk-in closet with built in shelving, ceiling fan, and private entry to covered balcony with travertine floor, tongue & grove ceiling, natural gas fireplace and view of back yard, pool and dock area. There is a 2 nd floor breakfast bar complete with refrigerator, sink and cabinetry with granite counters. Luxurious master bath has jetted jacuzzi tub, his and hers vanities with granite counter tops, walk in spa shower with full body shower faucet system, seamless glass doors, separate water closet with bidet. Two 2 nd floor guest bedrooms, one with walk-in closet, one with reach in closet, custom ceiling fans and en-suite baths. One bath has shower only and one has tub/shower combo. Both bedrooms have access to private
balcony. Both guest baths have single vanities with granite counter tops. The backyard is perfect for entertaining, the covered lanai is home to a summer kitchen, plenty of room for seating or lounging. A heated inground pool and spa. The dock offers two water hookups and a fish cleaning station. Addition features of this home are a Lutron Whole House lighting system and a central vacuum system. (1) 5 Ton A/C 2019 controls first floor, floor, (1) 4 Ton A/C 2019 controls second floor. (2) electric tankless water heaters are 8 months old.
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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 |
|---|---|---|---|
| Jul 20, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2020 | Listed by The Keyes Company (PBG) | $1,999,995 | |
| Listed by The Keyes Company (PBG) | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Price Decreased |
$1,999,995
↓ $200K
(9.1%) | |
| Price Decreased | |||
| Jan 27, 2020 | Listed by The Keyes Company (PBG) | $2,200,000 | |
| Listed by The Keyes Company (PBG) | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017