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8 King Road W
About This Property
This stylish 3 bedroom, 1-bath home on a spacious, fenced corner lot blends modern upgrades with coastal appeal. Inside, enjoy a brand new kitchen and bathroom, freshly stained whitewashed hardwood floors, and a cozy whitewashed wood-burning fireplace in the living room.
Sliding doors from the formal dining room open to a side deck and fire pit area, perfect for relaxing or entertaining. The full basement offers ample storage, additional living space, and a bonus room ideal for a home office, gym, or guest room.
Located just a short stroll from the shoreline, parks, marinas, and fishing pier. This turnkey coastal home is ready for you to move right in!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017