477 King 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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Listed by Keller Williams DTC | $400,000 | |
| Listed by Keller Williams DTC | |||
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This charming ranch style cottage is sunny and bright, located in the popular Barnum Neighborhood. It boasts a cozy living room with beautiful laminate flooring, two bedrooms, one full bath, and a kitchen with Updated cabinetry. The home has a newer roof, newer windows, newer water heater, and updated exterior paint and recent interior paint. There is a small basement, access from covered patio that is perfect for extra storage and utility area. Completely fenced with English Xeriscape garden in front, a concrete path to covered patio, large peach tree in back yard, and a lushious grape arbor. There is a small shed in backyard and a dog run. Main line sewer was replaced in 2014 Location is everything and this home is just 5 Blocks to Barnum Park and Recreation Center, and a off-leash dog park. Commuting is easy from your new home as you are just minutes to downtown with great dining and entertainment, easy access to shopping at Belmar, Colorado Mills and local stores. The Perry Street Light Rail is close too! SELLER WILL CREDIT BUYER AT CLOSING $7,500 TOWARD A RATE BUYDOWN OR CLOSING COSTS.
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| Aug 21, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017