9918 King St
About This Property
The lower garden level includes a spacious family room with new paint. It is bright and a great space for entertaining. Another bedroom and full updated bath are included on this level along with the laundry. The finished basement is a great flex space for workout equipment, office space or even a 4th bedroom. It features new paint, LVP flooring and a great layout.
The home backs to a neighborhood walking path that goes to the community pool but still maintains privacy. Squire Park is just across the street. Mature landscape and a large backyard patio is perfect for entertaining. 2 car garage! Walking distance to school and shopping, Neighborhood pool, tennis and more. This is a gem, don't miss seeing this one!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017