88 King
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 |
|---|---|---|---|
| Jul 27, 2017 | Sold | ||
| Sold | |||
| May 30, 2017 | Listed by RE/MAX Landmark, REALTORS® | $294,900 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
| Sep 16, 2011 | Sold | ||
| Sold | |||
| Apr 25, 2011 | Listed by Success! Real Estate | $163,000 | |
| Listed by Success! Real Estate | |||
| | |||
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Three bedroom Ranch in good Hanson location. Porch with so much potential. This is a Home Path Property and qualifies for Home path Renovation Financing. Owner occupant buyers only for first 15 days of listing, "First Look" Investor offers after 15 days. Easy to show and Sell! Close by June 30, 2011 and qualify for 3.5% seller paid closing costs incentive.
| |||
| Jan 6, 2011 | Listed by RE/MAX Landmark, REALTORS® | $219,000 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
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