1
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2 King Drive
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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 |
|---|---|---|---|
| May 31, 2018 | Sold | ||
| Sold | |||
| Dec 12, 2017 | Listed by Keller Williams Realty | $79,900 | |
| Listed by Keller Williams Realty | |||
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|
Updated, bright and welcoming home in sought after Royal Crest Park. This home has the extra special feature of a three season porch and screened patio for those lovely evenings when you would like to be outside. Full blown in insulation will keep your heating and cooling costs down. Bright open kitchen complete with pantry and spacious eating area. The location of this home is superb in the park and the park is very close to Cape Cod, shopping and highways. Additional shed for storage..$1000 buyer agent bonus if under agreement prior to 4/15/18
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| Oct 16, 2015 | Sold | ||
| Sold | |||
| Apr 12, 2015 | Listed by Kinlin Grover Compass | $26,900 | |
| Listed by Kinlin Grover Compass | |||
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|
Bright sunny home with great layout and a ton of potential. Extra large sunny kitchen with space that could be used as a separate dining area or tv/game, craft space. Three season porch and screened patio were added to the home providing additional space and privacy. Wash/dryer connection in the bathroom. Electrical panel updated in 2013. Owner will consider financing a portion of the sale. For the right buyer could be nice tidy low maintenance home. Conveniently located close to highway, new Super Walmart, on bus route... just a great spot!
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| Nov 26, 2010 | Listed by Johnson Bayside Real Estate | $49,000 | |
| Listed by Johnson Bayside Real Estate | |||
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