280 King Philip St
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%.
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 |
|---|---|---|---|
| Jun 1, 2012 | Sold | ||
| Sold | |||
| Jan 16, 2012 | Listed by REMAX Executive Realty | $209,900 | |
| Listed by REMAX Executive Realty | |||
| Jul 29, 2011 | Sold | ||
| Sold | |||
| Jun 27, 2011 | Listed by HomeSmart First Class Realty | $199,900 | |
| Listed by HomeSmart First Class Realty | |||
| | |||
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MOTIVATED SELLER on this Fantastic 4 bedroom/1 bath Cape style home ready for your updates! Large open eat-in kitchen, 1st floor bathroom w/updated sink & vanity, oversized family room & 2 large bedrooms all on the 1st floor! The 2nd floor offers 2 large bedrooms w/ tons of built-ins, hardwood floors, & the possibility to add a 2nd bath! New windows & a basement waiting for your finishing touches are just some of the extras! This home has it all including a great yard, large deck & vinyl siding!
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| Oct 13, 2010 | Listed by REMAX Executive Realty | $199,900 | |
| Listed by REMAX Executive Realty | |||
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Address: 335 Madison Avenue, New York, NY 10017