2 Kings Highway #9
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 |
|---|---|---|---|
| Oct 13, 2021 | Sold | ||
| Sold | |||
| Jul 26, 2021 | Listed by KW Coastal and Lakes & Mountains Realty | $399,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| | |||
|
Walk across street to the beach from your new home. This is a rare opportunity to own a condominium with views of Ocean Blvd and the Atlantic Ocean. You can enjoy a walk down the boulevard, ride your bike, run, sit and enjoy the scenery or do whatever your heart's content. This unit has has many updates throughout including a all new kitchen remodel with stainless steel appliances, new kitchen cabinets, new sink, and countertops. On the first floor there is a open concept kitchen/living room with a first floor laundry with a new washer and vent less dryer and a roomy half bathroom. The exterior door on the first floor is also new including the storm/screen door. The second floor features two nice size bedrooms and full bathroom. The master bedroom on the second floor has had the closet redone, making it big enough for a walk-in. All the windows have been updated and are a tilt in style window. There is an over-sized heated one car garage under with a new automatic garage door opener, central air conditioning and natural gas for heating. Bonus, there is an assigned parking space giving you the ability to have 2 cars on site. This home is located roughly 1.5 miles to all the attractions on Hampton Beach but far enough away you will not even recognize it is that close. This is equally easy access to Interstate 95, Route 101 and all surrounding costal towns. Weather it is a sunny day or a stormy night you will love living here for sure. Welcome, you just found your new home!
| |||
| Sep 13, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | Listed by McGuirk Properties, LLC | $305,000 | |
| Listed by McGuirk Properties, LLC | |||
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