197 Royal Oak 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 |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | In contract | - | |
| In contract | |||
| Aug 18, 2023 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $659,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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OPEN HOUSE FOR SATURDAY AUGUST 26 IS CANCELED!!!!
Welcome to this beautiful colonial on a cul de sac on a desirable street in the heart of Waretown. Home features 4 bedrooms with additional 2 office spaces on the first floor. Gorgeous kitchen with a wet bar and plenty of cabinet and counter space. Large over sized garage and the yard is private with beautiful trees and landscaping. Big deck with hot tub. Huge partially finished basement with plenty of storage. There is nothing not to love about this home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017