383 King Avenue
About This Property
2040 SF
1360SF + Finished Lower Level 680SF
4 Car Driveway + Backyard + Shed + Front Yard.
Main Level
Living/Dining
Deck
Windowed Kitchen
Windowed Full Bathroom
The loft-like living/dining room set the tone in this City Island 3-story home. Enjoy a modern floating staircase and water views from every window.
Top Floor
3 Bedrooms
Full Bathroom
The skylights with vaulted ceilings add to the charm of each bedroom's water view.
Lower Level
Separate Entrance
Two Rooms
Full bathroom
Laundry
The finished lower level offers an additional 680sf guest suite.
Includes two separate rooms complete with a full bathroom and its own entrance.
.
Additional storage space in the attic.
The Long Island Sound can be in your neighborhood. Boat rides, Fishing Trips, Waterview, and charming streets can be yours now! Enjoy NYC's oldest and most visited seafood restaurants. Orchard Beach is close by.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | No longer available | - | |
| No longer available | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Relisted | $699,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017