16 Royal Colony Circle #LOT3
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 |
|---|---|---|---|
| Mar 22, 2017 | Sold | ||
| Sold | |||
| Jul 23, 2016 | Listed by Fafard Real Estate | $749,990 | |
| Listed by Fafard Real Estate | |||
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To be built- The Jasmine style home, a spacious colonial with country kitchen including farmers sink, cooktop, hood and wall oven, and breakfast area with bay window. 2-story family room, 2 story foyer open to living room /dining room with crown moldings and hardwood floors. Large master bedroom with fireplace, sitting room for quiet retreat, and on-suite master bath with tile shower, soaking tub double sink vanity, walk-in closet. Three other bedrooms, each with their own private bath, 5 full baths in total! First floor flex room with full bath may be used as 5th bedroom, or as a study. Wooded, cul-de-sac location convenient to T station, schools, shopping, MA Pike.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017