1707 King Drive #D
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 26, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Keller Williams Revolution | $134,900 | |
| Listed by Keller Williams Revolution | |||
| | |||
|
This location and price are perfect! Move right into this updated unit including the furnace, AC, water heater and flooring within the past 10 years. Windows have also been replaced. New backsplash and hardware were just installed in the kitchen this month! Three bedrooms are upstairs including the primary bedroom with a large walk-in closet. You'll appreciate having the extra finished space in the basement that can be separated into a couple rooms, if needed. Parks, including a dog park are right down the road. Along with the elementary school and jr. high across the street. And ice cream just a block away! The HOA takes care of the lawn and snow removal.
| |||
| Jun 15, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Listed by Keller Williams Revolution | $99,900 | |
| Listed by Keller Williams Revolution | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/14/2024
|
3 Bed
|
2 Bath
|
1687 ft²
|
$134,900
3 Bed
2 Bath
1687 ft²
|
$136,900
+1.48%
09/26/2024
|
Jacqueline Spencer
Keller Williams Revolution
| |
|
04/23/2021
|
3 Bed
|
2 Bath
|
1727 ft²
|
$99,900
3 Bed
2 Bath
1727 ft²
|
$103,600
+3.70%
06/15/2021
|
Seth Couillard
Keller Williams - Bloomington
| |
|
05/16/2018
| |
3 Bed
|
2 Bath
|
1799 ft²
|
-
3 Bed
2 Bath
1799 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017