2 King Drive
About This Property
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Cap Rate Calculator
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 | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/12/2017
| |
2 Bed
|
1 Bath
|
804 ft²
|
$79,900
2 Bed
1 Bath
804 ft²
|
$77,000
-3.63%
05/31/2018
|
Paula Welch
Keller Williams - Plymouth
|
|
04/12/2015
| |
Loft
|
1 Bath
|
804 ft²
|
$26,900
Loft
1 Bath
804 ft²
|
$22,500
-16.36%
10/16/2015
|
Norma Bloxson
Keller Williams - Plymouth
|
|
11/26/2010
| |
2 Bed
|
1 Bath
|
780 ft²
|
$49,000
2 Bed
1 Bath
780 ft²
|
-
-
|
June Johnson
Johnson Bayside Real Estate
|
|
05/04/2007
| |
Loft
|
1 Bath
|
780 ft²
|
$69,900
Loft
1 Bath
780 ft²
|
$65,000
-7.01%
09/28/2007
|
June Johnson
Johnson Bayside Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017