8929 C E King Parkway
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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by RE/MAX The Woodlands & Spring | $1,199,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| Jan 13, 2024 | Listed | $1,500,000 | |
| Listed | |||
| | |||
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Great opportunity to own 5 acres of land in an upcoming and growing area. Storage units, apartments, townhomes would be a nice addition. Possibilties for this space are endless. Zoned Residential, however in a commercial area. Please check with city for approval of plans and permits. Not in a flood zone. Please call for more information or to view. Do not enter property without an agent.
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| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017