23 King Street
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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.
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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 18, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | In contract | - | |
| In contract | |||
| May 18, 2023 | Listed by Sailing Home Realty of L I LLC | $549,000 | |
| Listed by Sailing Home Realty of L I LLC | |||
| Oct 2, 2019 | No longer available | - | |
| No longer available | |||
| Apr 5, 2019 | Listed by Engel & Volkers Bahamas | $799,000 | |
| Listed by Engel & Volkers Bahamas | |||
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Splendid island home features 4 bedrooms 3.5 baths AND a fully outfitted guest apartment with kitchenette above the garage. Situated on the canal a quick walk to incredible Taino Beach enjoy close proximity to world class dining, quaint island scenes and best of all...No Property Taxes!! Impeccably finished with with porcelain tiles, quartz countertops, indirect lighting and customized cabinetry throughout the home boasts close to 4100 square feet of delectable living space. Recently built with the highest construction standards and materials including hurricane windows and doors plus standby generator the home is a veritable fortress while maintaining a relaxed island getaway atmosphere. Nestled on half an acre on the canal and offering deep-water frontage with solid wood dock the home features a covered lanai and beach like pool ideal for entertaining, BBQ's, get-togethers and relaxation. Lovely lush tropical landscaping and fully enclosed and electronic gated grounds provide the utmost in privacy. Call to arrange to view today! The manager has listed the unit size as 4100 square feet.
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About Freeport
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$2,900 /mo
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- 1 Bath
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$4,500 /mo
- 3 Beds
- 1 Bath
- 2,016 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017