2 months on rocket

1660-1664 King Rd, Newark, OH, 43055

$725,000

Home List Price

$8,609*

Closing Credit

0 Baths
House

Location

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1660-1664 King Rd, Newark$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Parking4 Car Garage, Attached Garage
Attached GarageYes
Year Built2009
HeatingForced Air
CoolingCentral Air
MLS #224027233
Lot Size5.11 Acres
StatusActive

About 1660-1664 King Rd

This investment property is a fantastic opportunity for a buyer looking to expand their real estate portfolio. With a total of four units already on the property, there is an existing rental income stream. Each unit is well-maintained and offer clean functional floorplans with modern kitchens. The property has the potential for further development, with the ability to build additional units or amenities. This provides the investor with the opportunity to increase the property's value and generate even more rental income. The location of the property is ideal, with easy access to highways, shopping centers, and schools, making it attractive to potential tenants.In addition to the existing units, the property also features ample parking space.

Property Details

Property Features

Property Information:

  • Year Built: 2009

Listing Office:

  • Office Name: Howard HannaRealEstateServices
  • Listing Agent: Hugh H Price

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: 4 Car Garage, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 5.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Newark High School, Public District Grades 9-12
  • Liberty Middle School, Public District Grades 6-8
  • Legend Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
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Housing Market Comparison

See how this home compares to others in Newark, OH.

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Newark, OH

City

Med. Sold Price

$225.5K

Med. Price/SqFt

$157

Avg. Days On Market

63

# of Sold Homes

13

1660-1664 King Rd vs Newark

87 DAYS ON ROCKET

+24 Days

$725,000

+$499.4K More

KEY TAKEAWAY

This property is $499.4K more than the Median Sold Price in Newark, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224027233

Listing Office:

  • Office Name: Howard HannaRealEstateServices
  • Listing Agent: Hugh H Price

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-877710
5
/10

  • Legend Elementary School

  • 1075 Evans Blvd

  • 0.36 miles

  • Public District Grades PK-5

Middle School

school-card-donut-877711
6
/10

  • Liberty Middle School

  • 1055 Evans Blvd

  • 0.34 miles

  • Public District Grades 6-8

High School

school-card-donut-877712
4
/10

  • Newark High School

  • 314 Granville St

  • 1.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,586. Typical income of Newark, OH residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Newark, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newark, OH?

The housing landscape in Newark, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes often feature traditional and colonial designs, reflecting the city's rich history. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes.

Is Newark, OH a good place to live?

Newark is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its historical landmarks, including the famous Newark Earthworks, and its vibrant downtown area that hosts a variety of local events and festivals throughout the year. These gatherings not only entertain but also foster a strong sense of community among residents.

Are things conveniently located in Newark, OH?

Residents of Newark have access to a solid educational system, with multiple public schools serving the area, as well as private institutions that cater to a range of educational needs. The city is served by a network of healthcare facilities, including a well-regarded hospital that provides emergency services and specialized care. Newark's public library system is a valuable resource for the community, and the city offers a diverse array of retail and dining options that reflect the local culture.

What does the transportation in Newark, OH look like?

Newark's transportation infrastructure includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. The community's road network facilitates easy access to nearby cities and towns, and there are plans to enhance transportation efficiency and accessibility. The city is also increasingly bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport.

Frequently Asked Questions About 1660-1664 King Rd

What is the listing price of this property?

The listing price of 1660-1664 King Rd property is $725,000.

What type of property is this?

The property 1660-1664 King Rd is a house located in Newark, Ohio, 43055.

Is this property for sale now?

Active Listing: 1660-1664 King Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1660-1664 King Rd are:
Legend Elementary School: GreatSchools Rating 5/10
Liberty Middle School: GreatSchools Rating 6/10
Newark High School: GreatSchools Rating 4/10

Which year was this property built?

The year of construction for 1660-1664 King Rd is 2009.

Rocket Homes›Ohio›Licking County›Newark›43055›1660-1664 King Rd

This home is located at 1660-1664 King Rd in Newark, OH and zip code 43055. This home, which was built in 2009, sits on a 5.11 acre lot. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $725,000.

In September 2024 more than 2 listings in Newark, OH were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 11 were sold below. In September 2024 in Newark, OH there were 24.6% less homes for sale than in August 2024. While the average time on the market in September 2024 was 63 days, the median list price was $225,583.

From Rocket Homes Real Estate and based on county public records data.

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