16234 ROYALTON LANE
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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed by FRIENDS REALTY LLC | $338,900 | |
| Listed by FRIENDS REALTY LLC | |||
| Apr 3, 2022 | No longer available | - | |
| No longer available | |||
| Mar 29, 2022 | Listed by REMAX Marketing Specialists | $279,900 | |
| Listed by REMAX Marketing Specialists | |||
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Beautiful Manufacture Home for sale with 1.21 acres on an agricultural zone. This home features a split floor plan with a large master bedroom. The master suite features a garden tub and a separate shower. The living room/dining room combination is ample in size and features a wood-burning fireplace. The wood laminate flooring flows from the side entry beginning in the large interior laundry room, through the country kitchen, and into the living room/dining room combination. Bring your horses and other livestock. There is a large wooden barn already in place. For storage and/or a workshop there is a large detached metal building with a portable ramp. The home site sits high and dry and features an oversized concrete, circular driveway, and concrete parking pad. Only minutes from the Suncoast Parkway and neighborhood shopping, this location offers a country feel, privacy, and seclusion while still within minutes of all of your regular stops. Schedule your showing today! The manager has listed the unit size as 1560 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017