21339 Park Royale Drive
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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%.
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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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Keller Williams Premier Realty | $325,000 | |
| Listed by Keller Williams Premier Realty | |||
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Welcome to 21339 Park Royale in the Memorial Parkway community. This beautifully updated home features 3 bedrooms, 2 full baths, a home office (could be a 4th bedroom), a 2-car garage, and covered patio! Come inside and find your living room with high ceilings, new fixtures, and wood burning fireplace with new tile and a wood mantle. Your kitchen was recently remodeled in 2023 with all new appliances and fixtures, granite counters, and cabinetry. Your primary bedroom has a private ensuite bath (also remodeled in 2023) with new fixtures, granite counters, tile, and large shower! Also find 2 additional bedrooms, a home office that could be used as a 4th bedroom, and a 2nd fully remodeled full bath. More recent updates to this home include interior & exterior paint, new fixtures, and new flooring throughout in 2023. The Memorial Parkway neighborhood is minutes from I-10 and features 2 pools, a splashpad, parks and playgrounds, basketball, tennis, and pickleball courts, and a clubhouse.
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| May 26, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by Keller Williams Premier RealtyKaty | $319,800 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017