194 Royce 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 |
|---|---|---|---|
| Dec 27, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2021 | Listed by Keller Williams Premiere Properties | $349,900 | |
| Listed by Keller Williams Premiere Properties | |||
| Feb 11, 2019 | No longer available | - | |
| No longer available | |||
| Oct 10, 2018 | Listed | $294,900 | |
| Listed | |||
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Don't miss this opportunity to own this beautifully updated raised ranch! This home features a number of updates including newer furnace, roof, driveway, patio, kitchen, and completely redone and insulated garage. All landscaping has been redone and the fenced backyard features a beautiful paver brick patio with fire pit to enjoy on a cool night. Family room features log style walls with a gas fireplace to enjoy during the winter. Lots of updates here and the owner has meticulously cared for this home top to bottom. Within walking distance from the elementary school and park! The manager has listed the unit size as 1878 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017