611 Kings Way
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Listed by Martha Turner Sotheby's International Realty | $349,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Spectacular open water views of Lake Livingston from this waterfront lot in the premier gated community of Cape Royale. This lot is in the section of Imperial Estates totaling 0.476 of an acre with 94 feet of bulkhead. The lot includes a pier that you can use for fishing or tying up the boat. Cape Royale offers a 24hr manned gate, swimming, pool, exercise room, nature trail and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017