7651 Kings Ride
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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%.
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by United Realty Group Inc | $515,000 | |
| Listed by United Realty Group Inc | |||
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Don't miss out on this one! Located in an all age community, near several restaurants and shops and just 12 minutes from the beach. This gorgeous 3/2 home features impact windows, new porcelain tiles, vaulted ceilings with skylights, renovated kitchen, bathrooms and much more. Florida room has been converted under A/C. This house has been immaculately maintained and cared for, truly a turnkey property! Enjoy an evening drink or dinner in this relaxing private backyard with mature vegetation. Recent 4 point inspection reveals the roof is good for the next 7 years. Other features: reverse osmosis purification system, corian kitchen counter top, induction range with exterior ventilation, integrated TV wall, closed laundry room under a/c, custom closets, California shutters, floor in attic for storage, new exterior paint and more
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| May 8, 2012 | Sold | ||
| Sold | |||
| Mar 19, 2012 | Listed by GLS Real Estate Inc | $140,000 | |
| Listed by GLS Real Estate Inc | |||
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About Manor Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017