Hi. Typical Latency compensation values for Windows PCs should be in the 60 to 120 milliseconds range. 0.698 milliseconds is a very uncommon value.
You could try to estimate the required latency compensation using the automated test described in this forum post: https://forum.audacityteam.org/t/latency-test/65001/1
Please note that it is still in beta so we could all benefit from your feedback.