643 King Philip 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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Wood Real Estate, Inc | $449,900 | |
| Listed by Wood Real Estate, Inc | |||
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Welcome to your new home! A hidden gem, this updated home awaits its' new owners! Step inside and find new flooring throughout. The kitchen boasts stainless steel appliances, reverse osmosis system, radiant heat flooring, and granite countertops. Through the open living room you will find the main bedroom, complete with oversized closet and study nook. On the opposite side of the living room find a full bathroom and second bedroom. Step upstairs for a 3rd oversized bedroom or step downstairs into your fully finished basement, complete with full bathroom with Jacuzzi tub! Downstairs you will also find your laundry room and storage room. Outside enjoy a quiet patio area and 2 car garage. The oversized driveway gives plenty of parking for you and your family and friends! From the front of the house you even have views of the ocean! This house will NOT last! Schedule a private showing today! Subject to sellers obtaining suitable housing. Suitable housing has been identified.
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| Feb 1, 2018 | Sold | ||
| Sold | |||
| Nov 10, 2017 | Listed by Wood Real Estate, Inc | $165,000 | |
| Listed by Wood Real Estate, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017