971 Kings Road
About This Property
The second level provides a private retreat with an additional bedroom, attached full bath, and a bonus room: perfect for a sitting area, home office, or quiet workspace. A finished basement adds even more versatile living space, well suited for a game room, playroom, or additional office.
Major mechanical updates provide peace of mind, with a new roof, furnace, hot water heater, and sump pump already in place. Outside, the spacious lot offers plenty of room to enjoy the outdoors, with the Lisha Kill stream running along the rear of the property. Conveniently located with easy access to the Thruway, Interstate 890, and the Northway, this home combines comfort, updates, and an ideal location with Albany County taxes!
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Cap Rate Calculator
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 6, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by KW Platform | $299,900 | |
| Listed by KW Platform | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017