198 King Road
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 |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Douglas Elliman Real Estate | $349,000 | |
| Listed by Douglas Elliman Real Estate | |||
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A Great Little Home! Completely Turn-Key. Renovated in 2018 and 2022. All New Appliances. New Roof. New Hot Water Heater. New Propane Fired Furnace. New Air Conditioning Units in the Living Room and Bedroom. The Renovated Kitchen has White Cabinetry and Black Granite Countertops with Counter Seating. The Updated Bath has a Standing Glass Shower and Stackable Laundry. The One Bedroom has a Walk-In Closet. Vaulted Ceilings Throughout. All CO's and Current Rental Permit in Place. Photos Reflect Home Empty Prior to Tenant. Detached One Car Garage with Door Entry Currently Used as Dry Storage. Fully Fenced in Back-Yard with Patio. A Great Opportunity to Own Your Own Home
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| Mar 22, 2018 | Sold | ||
| Sold | |||
| Nov 13, 2017 | Listed by Owners.Com | $117,200 | |
| Listed by Owners.Com | |||
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Welcome Home! This Property Gives You Approximately 534 Square Feet Of Living Space That Offers 1 Bedroom, And 1 Bathroom. With A Few Touch Ups This Can Turn Into Your Dream Home. Visit This One Today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017