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904 KENSINGTON DRIVE
About This Property
Remodeled with a new roof in 2019, this southern ranch is set up for an active lifestyle with room to expand-store vehicles, add a workshop, or build an outbuilding for rental income.
UPDATES & FEATURES:
- 2026: New primary ensuite bath (completed 7/12/26)
- 2025-2026: 22-mil LVP flooring throughout
- 2025: Main electrical panel replaced/relocated; 200A service, permitted, licensed electrician
- 2023: Deck (under permit-required height)
- 2022: Tankless electric water heater; blown-in attic insulation
- 2021: 16-SEER A/C w/ ~5 yrs left on FULLY TRANSFERABLE warranty; 10x13 shed (permitted)
- 2020-2021: Miami-Dade rated privacy fence w/ 11'2" gate (permitted)
- 2020: New ductwork; kitchen touch faucet
- 2019: New roof, exterior stucco, kitchen cabinets & appliances, plumbing updated to PVC (interior reno permit)
FEATURES: 3BR/2BA southern ranch on 0.34ac w/ 11'2" drive-through gate for boats/RVs/trailers. Kitchen w/ island, granite. Built-in closets. Washer/dryer. Full irrigation (2 front/3 rear zones). Two water meters (potable + irrigation - no sewer charge on irrigation). City sewer. Oversized 1-car garage w/ cabinets, utility sink, 2nd fridge. Ring, Ecobee, keyless entry. Butterfly garden.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 1, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Price Decreased |
$240,000
↓ $20K
(7.7%) | |
| Price Decreased | |||
| Jul 13, 2026 | Price Increased |
$259,998
↑ $10K
(4%) | |
| Price Increased | |||
| Jun 21, 2026 | Price Decreased |
$249,998
↓ $9K
(3.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017