16 King Street
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 |
|---|---|---|---|
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Sep 24, 2022 | In contract | - | |
| In contract | |||
| Sep 14, 2022 | Listed by Coldwell Banker Realty - Lexington | $1,950,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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New Construction, Last One! Classic 5 bed, 4.5 bath luxury home with a modern twist situated in a great Belmont neighborhood. Built by a noteworthy local developer, equipped with dual fuel clean energy. Drenched with natural light, crisp white detailing, warm wood accents and state-of-the-art amenities. Featuring a generous open floor plan, high ceilings, clean lines, and wide plank oak floors. Modern chef's kitchen with Monogram professional appliances, European style cabinetry, smart TV, gas fireplace, yard access, AND a first floor bedroom suite. Second floor features the owner's suite with amazing bath, 2 bedrooms, family bath, and laundry room. The skylit top floor 2-room suite offers flexible living options for years to come. Finished lower level, recessed LED lighting, 200-amp electrical, yard irrigation, and much more in this incredible home. Garage parking, concrete driveway, beautiful landscaping and a private rear yard. All a stroll to T, shops, and park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017