660 K Ave
About This Property
Much of the heavy lifting has already been done on this promising property, making it a great chance to finish it your way. Recent improvements include a new front door, all new windows, $22,000 in foundation work with a 20-year transferable warranty from Colorado Ground Works, exterior framing and joist updates, new PEX plumbing, 1 1/2" rigid foam insulation on the exterior, and brand-new Truewood board and batten siding. The interior has been fully gutted and is ready for your vision. A working bathroom and heating system are already in place. Just bring your drywall and kitchen design ideas to complete this fantastic fixer!
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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 10, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Relisted | $99,000 | |
| Relisted | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Price Decreased |
$110,000
↓ $10K
(8.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017