398 Kings Highway #607
About This Property
The manager has listed the unit size as 1097 square feet.
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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 |
|---|---|---|---|
| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
| Dec 29, 2022 | Sold | ||
| Sold | |||
| Sep 14, 2022 | No longer available | - | |
| No longer available | |||
| Aug 24, 2022 | Listed | $853,000 | |
| Listed | |||
| | |||
|
Come home to magnificent living at this beautiful residence in Brooklyn. The neighborhood provides easy access to transportation as well as dining and nightlife. At your new home, step past the solid front Façade and inside via the Virtual Door Attendant. Bask in the fine interior design choices, enjoy city skyline views from the outdoor recreation lounge, feel secure in a building protected by security cameras, while reserved parking adds an extra layer of security and convenience. All 3-bedroom 2-bathroom residences feature Private Roof Terraces and Balconies, elegant Scavalini kitchens w/ Caeserstone slab counters, Berzatoni premium appliances and grohe contemporary fixtures, 7.5 inch engineered oak flooring and in unit W/D. The manager has listed the unit size as 1097 square feet.
| |||
| Jul 2, 2022 | Listed | $853,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/21/2022
|
2 Bed
|
2 Bath
|
865 ft²
|
$679,000
2 Bed
2 Bath
865 ft²
|
$682,228
+0.48%
02/22/2023
|
Igor Libo
Ilite Realty Inc
| |
|
09/14/2022
|
3 Bed
|
2 Bath
|
1241 ft²
|
$875,000
3 Bed
2 Bath
1241 ft²
|
$850,239
-2.83%
07/05/2023
|
Igor Libo
Ilite Realty Inc
| |
|
07/02/2022
|
3 Bed
|
2 Bath
|
1097 ft²
|
$853,000
3 Bed
2 Bath
1097 ft²
|
$845,148
-0.92%
12/29/2022
|
Igor Libo
Ilite Realty Inc
| |
|
08/06/2022
|
2 Bed
|
2 Bath
|
875 ft²
|
$659,000
2 Bed
2 Bath
875 ft²
|
$665,936
+1.05%
12/16/2022
|
Igor Libo
Ilite Realty Inc
| |
|
08/06/2022
|
2 Bed
|
2 Bath
|
1140 ft²
|
$845,000
2 Bed
2 Bath
1140 ft²
|
$829,874
-1.79%
05/17/2023
|
Igor Libo
Ilite Realty Inc
| |
|
08/05/2022
|
2 Bed
|
2 Bath
|
880 ft²
|
$663,000
2 Bed
2 Bath
880 ft²
|
$666,954
+0.60%
12/19/2022
|
Goulnar Esjanova
Ilite Realty Inc
| |
|
07/02/2022
|
1 Bed
|
1 Bath
|
598 ft²
|
$465,000
1 Bed
1 Bath
598 ft²
|
$456,300
-1.87%
12/19/2022
|
Igor Libo
Ilite Realty Inc
| |
|
07/02/2022
|
3 Bed
|
2 Bath
|
1241 ft²
|
$935,000
3 Bed
2 Bath
1241 ft²
|
-
-
|
Igor Libo
ILITE REALTY INC
| |
|
08/30/2018
| |
Studio
|
-
|
-
|
$12,000,000
Studio
-
|
$9,500,000
-20.83%
02/06/2019
|
Edwin Santamaria
Douglas Elliman Real Estate
|
|
01/16/2018
| |
Loft
|
-
|
-
|
$12,000,000
Loft
-
|
$9,500,000
-20.83%
02/06/2019
|
Louis Fisher
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017