23 KING AVENUE
About This Property
The updated kitchen features sleek new cabinetry, modern countertops, and stainless steel appliances-making it the perfect space for both everyday meals and entertaining guests. The renovated bathroom boasts stylish tile work and contemporary fixtures, offering a clean and refreshing feel. With a brand-new HVAC system, you'll enjoy year-round comfort and efficiency.
Step outside and enjoy a spacious backyard ideal for relaxing, gardening, or hosting gatherings with friends and family. Whether you're looking to unwind after a long day or create your own outdoor oasis, this property provides the space and flexibility to make it your own. Conveniently located near shopping, dining, and top-rated schools, this move-in-ready rancher is a true gem you won't want to miss.
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$374,000
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Feb 25, 2026 | Price Decreased |
$376,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jan 25, 2026 | Relisted | $381,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017