47 King Avenue
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 |
|---|---|---|---|
| Oct 28, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2020 | Listed by Houlihan Lawrence Inc. | $549,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Beautifully updated & remodeled 4 bedroom, 2 bath Cape with a 2 car garage & full finished basement with separate entrance. This wonderful corner property is presented in pristine condition with a large living room, formal dining room, upgraded kitchen with granite counters, SS appliances & new cabinetry, plus a terrific new bathroom & 2 large bedrooms on the main level. Upstairs offers 2 spacious bedrooms, bathroom & can easily be used as a separate living space or in law set up if desired. The finished basement is complete with 3 rooms, separate entrance & room for guests. Other great features in this beautifully decorated bright & spacious home include a wonderful fenced in yard perfect for entertaining, gardening or play, refinished hardwood flooring & all freshly painted. Conveniently located close to shops, train, buses, restaurants, parks & schools. A great opportunity awaits! Taxes do not reflect the Star savings of $1,207.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017