8029 MCKENSTRY DR
About This Property
Step inside to discover a bright and airy interior featuring stainless steel appliances, a cozy fireplace. The home feature an addition built onto the home which includes a large dining room, and expansive primary bedroom and bath. You will love the relaxing screened deck overlooking the rear yard and pool. All this makes it perfect for summer gatherings.
This home has two separate driveways. One driveway is in front of the house which leads to the two car garage. The second driveway is to the right of the home, and leads to a separate two-car garage which is out of sight from the street. Additionally, there is a large storage area for pool and lawn equipment.
The basement is partially finished and has a level walk-out to the rear. Additionally, there is a recreation room area, mechanical room, and workshop. This area awaits your creative touches.
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Relisted | $695,000 | |
| Relisted | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Compass | $725,000 | |
| Listed by Compass | |||
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About North Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017