51 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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Leading Edge Real Estate | $499,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
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Opportunity knocks! Here’s your chance to own a charming, well-maintained Cape on a tree-lined street. This inviting home offers solid bones and classic features, waiting for your personal touch to bring it up to today’s trends. With a first-floor bedroom, spacious living and dining rooms, and a kitchen with wood cabinetry, there’s a great foundation here. The dining room sliders open to a deck overlooking a level backyard, ideal for relaxing or hosting gatherings. Upstairs, two additional bedrooms provide comfortable space for family or guests. Plus, a full walk-out basement adds flexibility—transform it into a workshop, family room, or extra storage. Don’t miss out on this opportunity to create a modern haven in a sought-after neighborhood! Home being sold “as is”. OFFER DEADLINE MONDAY11/18 5PM
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| Aug 17, 2001 | Sold | ||
| Sold | |||
| Mar 27, 2001 | Listed by Leading Edge Real Estate | $245,900 | |
| Listed by Leading Edge Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017