62 King Avenue
About This Property
The first floor features an entrance foyer with a powder room, a large eat-in Kitchen that features Stainless Steel Appliances, Granite Counters with an extended area that can be used as a Dining Room or Home Office. The tiled flooring on the first level offers radiant heat under the floor! The Living Room is conveniently located on the first level as well and is adjacent to the Kitchen/Dining rooms. The second floor features a Primary Bedroom with a walk-in closet and a full bathroom with a nice soaking tub for relaxing after a long day. There are three additional bedrooms and another full bathroom on this level. The home also offers a nice-sized backyard with pavers, a patio, and a Pergola for entertainment. The One-Car Garage houses the 200 AMP electric panel and the generator hook-up. Great Locations close to Dog Park, Playgrounds, Schools, Shopping, and Highways
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by Signature Premier Properties | $548,333 | |
| Listed by Signature Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017