162 King Philip Rd
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%.
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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 27, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Janice Mitchell R.E., Inc | $399,900 | |
| Listed by Janice Mitchell R.E., Inc | |||
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Offers due 8/13 3pm Located in the desired Burncoat area is where you find this fully renovated bungalow style colonial featuring maple hardwood floors throughout most of the home, complemented by a neutral decor. The bright kitchen includes white cabinetry, granite countertops with a seating option for two, a separate dining area, stainless steel appliances, and trendy plank flooring, leading to a comfortable LR filled w/natural light. The second floor offers three bedrooms, with one currently used as an office that includes a fireplace and shiplap accents. Both the first-floor half bath and the second-floor full bath have been updated.The exterior is equally impressive, with a welcoming front farmer’s porch, ample driveway parking, and an extended patio ideal for seasonal entertaining. The property is enhanced by mature plantings, flowering shrubs, and a spacious storage shed. Additional features include but not limited to new windows, gas heating system, plus updated plumbing & elec
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| Aug 8, 2018 | Sold | ||
| Sold | |||
| Jan 10, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017