809 Kipling Drive
About This Property
The kitchen has granite countertops, stainless steel appliances including new gas range, built in shelving. Kitchen opens to the main living area with center fireplace and tons of natural light...ideal for both everyday living and entertaining! Formal dining room for special occasions is roomy and welcomes you upon entry. Upstairs, you'll find a large bonus room perfect for a game room, media room, or additional living space, 3 more large bedrooms, built-in shelving and full bath. Step outside to inviting pool, large covered cabana, board-on-board fencing, and plenty of room to relax or entertain. An extra-wide driveway with an electric gate provides added parking and privacy, along with a two-car garage. New hot water heater 2025. New oven 2025. New interior doors 2026. 2 toilets and upstairs tub are new. Some rooms recently painted over past 2 years. Sliding electric driveway gate had motor replaced December 2023. HVAC units are from 2020 and 2021. Located just minutes from Highway 75. Priced to sell, don't miss it!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| May 2, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Relisted | $449,900 | |
| Relisted | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Price Decreased |
$449,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017