124 King Road
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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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Realty Connect USA L I Inc | $624,000 | |
| Listed by Realty Connect USA L I Inc | |||
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SUPER RARE opportunity to own a move-in ready expanded ranch with accessory apartment unit! Main house is bright and airy featuring an open concept living room, spacious dining room, gourmet kitchen with stainless steel appliances & granite countertops. There are 3 bedrooms, 2 full bathrooms, full attic and unfinished partial basement for storage and utilities. Oversized floor-to-ceiling windows, skylights, beautiful luxury vinyl plank flooring & recessed energy efficient lighting throughout. Master bedroom with an en-suite. For accessory apartment unit, there is a separate electric meter, private driveway, private backyard and private entrance. It features a living room, full size kitchen, 1 bedroom & 1 bathroom. Rocky Point schools! Entire house renovated top to bottom just a few years ago with no expenses spared. Be sure to put this on your MUST SEE list! Best value home on the market today!
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| May 17, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017