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15 Royal Road (Lot 3)
About This Property
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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 |
|---|---|---|---|
| Oct 18, 2010 | Sold | ||
| Sold | |||
| May 19, 2010 | Listed | $240,000 | |
| Listed | |||
| Jan 19, 2007 | Sold | ||
| Sold | |||
| Mar 9, 2006 | Listed by Coldwell Banker Realty - Worcester | $319,900 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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New spacious 2 story colonial in wonderful family neighborhood within walking distance to schools and 2 minutes to 290. House is loaded with upgrades including solid maple cabinets, recessed lights, gas fireplace, crown moldings and more. Quality new construction with a/c, masterbath, walk-in closet, 1st floor laundry, tile baths, hardwoods, large deck and 9' ceilings on first floor. Don't miss out on this well constructed home by a quality conscious builder. Seller 2nd for down payment.
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| Jul 20, 2005 | Sold | ||
| Sold | |||
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