16 Royal King Road
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Monument Realty | $2,395,000 | |
| Listed by Monument Realty | |||
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Welcome to this stunning transitional-style home in Willowcreek Ranch that features a grand foyer with soaring ceilings, incredible spiral staircase and a breathtaking chandelier. The gourmet kitchen is a dream with high-end stainless-steel appliances, custom cabinetry, an oversized island and quartzite countertops. The living area boasts a cozy fireplace, oversized windows that flood the home with natural light and provides seamless access to the covered patio. The master suite offers a spa-like ensuite bathroom with 12' ceilings, a walk-in stone shower, and his and hers walk-in closets. Each floor has two additional bedrooms with ensuite bathrooms for comfort and privacy. The home includes a media room, an exercise room and a grotto for entertaining. The expansive backyard features a self-cleaning pool with a firepit, hot tub, covered patio and an outdoor kitchen. Equipped with an in-home surround sound system, a full home generator and an oversized 3-car garage, this home has it all
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017