553 Kingsway Drive
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 |
|---|---|---|---|
| Jan 6, 2023 | Sold | ||
| Sold | |||
| Nov 25, 2022 | Listed by Realty Executives Premiere | $235,000 | |
| Listed by Realty Executives Premiere | |||
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This is your next Home! Adorable ranch home with a full basement! Did we mention almost a 1/2 acre with a fenced yard, mature trees, paver patio and shed. Tons of closet space with 3 closets in the entry alone. Bright kitchen with walk-in pantry is open to the family/dining room with fireplace. Beautifully refinished (2021) hardwood floors in family room and both bedrooms. Spacious, heated sunroom with beautiful views of the yard and sunsets. Full basement has finished bonus room plus plenty of room for storage! Attached 2 1/2 car garage with heater! Many updates include the garage roof 2022, sump pump 2022, furnace and a/c 2020 and water softener 2020. City sewer but private well so no water bill. District 129 schools. Great location near schools, retails and dining as well as the popular Gilman Trail.
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| Jul 31, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $159,900 | |
| Listed | |||
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Nicely Maintained Two-Bedroom Ranch Home with a Full Basement! Living Room with Fireplace and Hardwood Floors! Dining Room with Hardwood Floors! Bedrooms have hardwood floors! Spacious Kitchen work area and table space; walk-in pantry! Sun Porch is heated with electric wall heaters. Full Basement has finished room for additional living space! Oversized Two-Car Attached Garage! Brick Paver Patio; Backyard Shed; Fenced Backyard! Lot Township Taxes! Low Maintenance Home thru-out! Conveniently located to schools and shopping as well as Gilman Trail.The manager has listed the unit size as 1190 square feet.
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| Apr 10, 2017 | Listed by PILMER REAL ESTATE, INC | $159,900 | |
| Listed by PILMER REAL ESTATE, INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017