2 Kings Highway #2
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 |
|---|---|---|---|
| Sep 1, 2022 | Sold | ||
| Sold | |||
| Jul 19, 2022 | Listed by Preston Real Estate | $400,000 | |
| Listed by Preston Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2022
|
2 Bed
|
2 Bath
|
1044 ft²
|
$400,000
2 Bed
2 Bath
1044 ft²
|
$380,000
-5.00%
09/01/2022
|
Maryrae Preston
Preston Real Estate
| |
|
08/31/2021
|
3 Bed
|
2 Bath
|
1230 ft²
|
$499,000
3 Bed
2 Bath
1230 ft²
|
$525,000
+5.21%
12/03/2021
|
Charielle Hallowell
KW Lakes and Mountains Realty/Meredith
| |
|
07/26/2021
|
2 Bed
|
2 Bath
|
1044 ft²
|
$399,900
2 Bed
2 Bath
1044 ft²
|
$385,000
-3.73%
10/13/2021
|
Eric Levin
Keller Williams Coastal Realty
| |
|
03/06/2019
|
2 Bed
|
2 Bath
|
1044 ft²
|
$305,000
2 Bed
2 Bath
1044 ft²
|
$295,000
-3.28%
09/13/2019
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
12/09/2018
|
2 Bed
|
2 Bath
|
1044 ft²
|
$350,000
2 Bed
2 Bath
1044 ft²
|
$345,000
-1.43%
02/28/2019
|
Tom McGuirk
McGuirk Properties, LLC
| |
|
08/28/2015
|
2 Bed
|
2 Bath
|
1044 ft²
|
$269,900
2 Bed
2 Bath
1044 ft²
|
$240,000
-11.08%
02/05/2016
|
Darlene Dolan
RE/MAX On the Move/Hampton
| |
|
02/25/2014
|
2 Bed
|
2 Bath
|
1044 ft²
|
$249,900
2 Bed
2 Bath
1044 ft²
|
$234,300
-6.24%
04/30/2014
|
Sandy Lally
Carey & Giampa, LLC/Hampton
| |
|
02/14/2013
|
2 Bed
|
2 Bath
|
1044 ft²
|
$225,000
2 Bed
2 Bath
1044 ft²
|
$205,000
-8.89%
05/28/2013
|
Darlene Dolan
RE/MAX On the Move/Hampton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017