976 King St
About This Property
The zero-scape landscaping is a fantastic feature, offering both beauty and environmental friendliness including pet friendly turf. Plus, the convenience of the nearby light rail and easy access to 6th Ave make commuting a breeze either west to the mountains or east to downtown, whether you prefer driving or public transportation. This home would be an excellent choice for first-time buyers or savvy investors looking for a versatile property with lots of potential.
1yr Home Warranty included with the sale. Also with Agent's preferred lender- buyer could receive up to 1.75% of the loan amount to be used towards closing costs.
This property qualifies for a CRA Loan with no income limit and 1.75% back on your loan amount towards closing costs.
1yr Home Warranty will be offered as well.
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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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Relisted | $419,000 | |
| Relisted | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Price Decreased |
$419,000
↓ $50K
(10.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017