9323 KITE STREET
About This Property
Step inside to discover hardwood floors and natural light flowing through the main level's living and dining rooms. The kitchen overlooks the expansive back deck-perfect for weekend barbecues and family gatherings.
On the lower level, the walk-out recreation room invites you to design the space you've always wanted: home office, gym, playroom or extra living area. A full bathroom and separate laundry room complete this level-offering flexibility for multi-generational living or future upgrades.
Outside, enjoy an immaculately fenced backyard for kids, pets and entertaining, with a storage shed included. The two-car front-entry garage plus driveway provide ample parking.
Location is key: this home lies within the well-regarded Lake Braddock pyramid (middle & high schools ≈0.8 mile) with convenient commuter access-just minutes to the VRE station and Burke Road. Fully paved trails, Burke Lakes Park and neighborhood shops are within reach.
Recent updates include a new roof (2024) - so you'll move in with confidence and focus on the finishing touches that make a house your home.
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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.
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About Burke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017