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15217 Main Royal Drive
About This Property
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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 |
|---|---|---|---|
| Oct 3, 2026 | Listed by Texas Ally Real Estate Group, LLC | $395,000 | |
| Listed by Texas Ally Real Estate Group, LLC | |||
| Jan 23, 2024 | No longer available | - | |
| No longer available | |||
| Dec 15, 2023 | In contract | - | |
| In contract | |||
| Dec 9, 2023 | No longer available | - | |
| No longer available | |||
| Nov 28, 2023 | Listed by Keller Williams Coastal Bend | $339,900 | |
| Listed by Keller Williams Coastal Bend | |||
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Welcome HOME to Padre Island! This Beautiful Stucco Home is ready for YOU.... Spacious Living and Dining Area, Covered Patio with Backyard Deck, Split Bedrooms, Recent Landscaping, Tile Throughout, Soaring Ceilings, Walk in closet, Shower/Tub Combo, and much much more.... Not to mention its located in an Amazing neighborhood near the Beach, Ski Canals, Boat Launches, Restaurants, Fishing, Shopping, etc.. See this home TODAY or YOUR DREAM HOME might be gone TOMORROW! The manager has listed the unit size as 1771 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017