723 King Avenue
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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Corcoran Group | $635,000 | |
| Listed by Corcoran Group | |||
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Your dream of living in a magical, seaside cottage comes true in this light filled magnificent seaside home! With views of Long Island Sound, Orchard Beach and Pelham Bay Park, this nature oasis will offer you the joy and peace you have always dreamt of. Enjoy Pelham Bay Park bike trails, beaches, golf courses, sports facilities and everything else in NYCs largest park. This magnificent fully renovated home offers three bedrooms, one and a half baths, a magnificent open kitchen with a central island large enough to entertain your family and friends, hardwood floors, high ceilings, oversized windows, washer/dryer and much more. More than a home, it is a refuge from the hustle and bustle of modern life but still within a short commute to Manhattan via the MTA local and express bus which are just blocks away. All information furnished regarding property of sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
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| Nov 10, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Houlihan Lawrence Inc. | $550,000 | |
| Listed by Houlihan Lawrence Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017