7710 Kendalia Drive
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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%.
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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.
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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 3, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by The Realty | $295,000 | |
| Listed by The Realty | |||
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FRESHLY updated from inside to out. Single story home boasts 3 spacious bedrooms and two full bathrooms that sits in a quiet neighborhood of Chinatown that is minutes from restaurants, markets, entertainments, and quick access to I59, West Park Toll, and Beltway 8. New tile floor throughout. All cabinets had been replaced, new white Quartz installed, new appliances, new ceiling fans. Farm sink in kitchen, vessel sinks in bathrooms. Two bathrooms had been remodeled into walk-in showers. All Windows had been replaced with Low-E windows, and new doors. Air Bnb potential
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| Mar 10, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Property Action | $244,988 | |
| Listed by Property Action | |||
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1-story All-Brick w/easy access but on one of the few short, quiet interior streets NOT prone to thru traffic. Sold As-Is by investor (since `88) who spared no needed expenses along the way.
While inside needs updating, 1) The Roof is near New: 2019, premium GAF Timberline 30-Yr shingles. 2) The HVAC system is even newer: 2020, Carrier hi-eff system incl. condenser, the attic evap. coil & the blower. 3) Newer still is the gas water heater: 2021. & 4) The garage door opener & exterior paint are vintage 2017.
Foundation Concern for a 1970-built house? In 2009, Bell-Bottom Piers (the Cadillac of repair methods) were installed under the South & West perimeter and this big work came w/a transferable Lifetime Service Agreement (by Dawson Found. Repair).
Priced below Average as it awaits owner/occupants (or investor) to put their personal touches to many parts of the functional/livable interior.
(PS: Interior photos posted are dated as the last tenant change was in `10.)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017