16 Royal Street
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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Bertone Realty, Inc. | $1,150,000 | |
| Listed by Bertone Realty, Inc. | |||
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This well-maintained 4 bedroom 2.5 bath colonial is situated on a level lot in desired Briarwood neighborhood. First floor features a new modern kitchen w/ large island, custom cabinets and stainless steel appliances; formal living room w/ gas fireplace, dining room and updated half bath. New hardwood floors on second level which offers a master suite w/ updated bath, cathedral ceilings, custom built-ins, gas fireplace and custom built-in closet. Two additional large bedrooms share second updated full bath. Spacious fourth bedroom and bonus room on third level. Fully finished basement features an open layout w/ laundry room, large area perfect for office, playroom or tv room and additional storage space. Interior of home has been freshly painted. Central air, town water/town sewer, fenced in yard w/ irrigation system. Conveniently located near Belmont line close to Waverly commuter rail station. Close to Beaver Brook Reservation, walking trails, Rt 2 and I95. A must see!
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| Apr 28, 2020 | Sold | ||
| Sold | |||
| Feb 26, 2020 | Listed by Bertone Realty, Inc. | $869,999 | |
| Listed by Bertone Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017