11 Kinglet Dr
About This Property
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed | $579,000 | |
| Listed | |||
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Beautifully updated ranch in a desirable Shrewsbury neighborhood! Sunlight fills the inviting living room with a cozy fireplace. The stunning kitchen features granite counters, tiled back splash, new cabinets, SS appliances, and new flooring, flowing into a bright dining area at the heart of the home—perfect for entertaining guests. 3 bedrooms offer ample closet space, and the updated full bath includes a tub. A flexible 4th bedroom with sitting area and ensuite bath adds privacy—ideal for guests or a home office. The partially finished basement includes two bonus rooms, laundry, and storage. Outside, enjoy a spacious deck, new patio, and firepit for year-round enjoyment. Updates include two new mini-split systems, fresh interior/exterior paint, and refinished hardwood floors. Move-in ready with space to grow!
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| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017