2538 Knights Circle
About This Property
You must come and see this charming 3-bedroom, 2-bath home, in a family friendly neighborhood. Located in a cul-de-sac in the Kingsway subdivision. With 1,440 sq. ft. of living space on a large 12,237 sq. ft. lot. Large living room has a nice gas fireplace for your holiday gatherings as well as a small wet bar between the kitchen and living area. Other features include a formal dining area and breakfast nook with a view of the lovely backyard. Master bedroom is spacious with attached master bath and plenty of closet space. There's a spacious backyard with a privacy fence and a below ground pool for entertaining guests. This home just needs a a few of your creative ideas, touch ups and upgrades. Quick access to Hwy. 90 & other major freeways. You'll have the convenience of shopping & restaurants nearby, while still enjoying a nice, quiet neighborhood. Playgrounds are within walking distance.
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Price Decreased |
$225,000
↓ $20K
(8.2%) | |
| Price Decreased | |||
| Dec 4, 2024 | Price Decreased |
$245,000
↓ $15K
(5.6%) | |
| Price Decreased | |||
| Oct 4, 2024 | Price Decreased |
$259,500
↓ $11K
(3.9%) | |
| Price Decreased | |||
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About Kingsway
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Last Updated: 5 months ago
Data Source: HAR , MLS# 12625425
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017