12 Royal Drive
About This Property
As you arrive, the inviting curb appeal welcomes you with a well maintained front yard, a one-car garage, and a covered front porch, perfect for soaking in serene atmosphere.
Step inside to discover a light and bright foyer leading to a spacious living room on your left, followed by an elegant dining room complete with crown molding and panoramic views of the water. The open-concept kitchen includes light cabinetry and countertops, stainless steel appliances, and ample storage. Adjacent to the kitchen, the breakfast nook boasts a large bay window, flooding the space with natural light and offering picturesque views. Entertain effortlessly in the cozy family room, which extends to the expansive back deck overlooking the lagoon. Completing the main level is a half bathroom and laundry room.
Upstairs you will discover the primary suite, featuring a makeup vanity, a full en-suite bathroom, and a spacious closet. Additionally, the second-floor hosts two generously sized bedrooms, accompanied by a sizable recreation room that could easily serve as a fourth bedroom.
Outside, indulge in resort-style living with summers spent lounging by the heated in-ground Gunite pool. The 45+ ft dock offers ample space for your boat, while the low-maintenance hardscaping and deck ensure more time for enjoying all the summer activities you love. Don't miss out on this exceptional opportunity - schedule your showing today and make waterfront living a reality!
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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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | Listed by Real Broker, LLC | $999,999 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017