446 John King Road
About This Property
Discover a true diamond in the rough in highly sought-after South Crestview! This property offers incredible potential for investors or DIY buyers looking for their next project. With easy access to local military bases, Gulf Coast beaches, shopping, dining, and major commuter routes, the location alone makes this an opportunity worth exploring.
Several big-ticket items have already been completed for you:
Roof replaced in 2022
HVAC system replaced in 2023
Water heater replaced in 2016
The home does need repairs and updates throughout, but with the fundamentals in place, it's the perfect canvas for someone ready to bring their vision to life. Whether you're looking to renovate and resell or build long- term rental equity, this property offers the sweat-equity upside you're looking for.
Bring your ideas, your contractor, and your creativityand make this home shine again!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by RE/MAX Agency One | $175,000 | |
| Listed by RE/MAX Agency One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017