1209 Royal Terrace
About This Property
Step inside and you'll be greeted by a separate living room and den, perfect for entertaining guests or curling up with a good book. The home also features a 2-car garage, providing ample space for your vehicles and storage needs.
Outside, you'll find a beautiful front and back yard complete with a sprinkler system to keep your lawn looking lush and green year-round. And with the washing machine and dryer included, you won't have to worry about the hassle of finding and purchasing your own appliances.
Don't miss out on the opportunity to make this lovely property your new home. Contact us today to schedule a tour and see all that this property has to offer!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by INC Realty, LLC | $319,500 | |
| Listed by INC Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017