8214 Kensington Drive
About This Property
This stunning home was completely rebuilt from the ground up in 2016, with an additional 296 sq ft thoughtfully added to create a modern, open-concept design tailored for today's living. Offering 1996 square feet of beautifully crafted space, this 4-bedroom, 2-bath home blends fresh, contemporary style with everyday comfort.
Step inside to find engineered wood floors flowing throughout, a spacious living area anchored by a cozy fireplace, and a stylish kitchen with stainless steel appliances and abundant storage and plenty of room to gather. Every detail reflects quality craftsmanship and attention to modern lifestyles.
Enjoy outdoor living year-round with a covered back patio, perfect for relaxing or entertaining. With its complete 2016 rebuild, modern floor plan, and move-in ready condition, this home truly offers the best of both newer construction and established charm.
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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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Price Decreased |
$384,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$385,000
↓ $30K
(7.2%) | |
| Price Decreased | |||
| May 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017