217 Royal Tern Way
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 21, 2019 | No longer available | - | |
| No longer available | |||
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Nov 29, 2019 | Price Decreased |
$9,000
↓ $7K
(43.4%) | |
| Price Decreased | |||
| Jul 3, 2019 | No longer available | - | |
| No longer available | |||
| Jun 2, 2019 | Listed | $15,900 | |
| Listed | |||
| | |||
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St. James Golf Course lot with 70 feet on the course. Great development with street lights, paved roads, underground utilities all on a golf course just minutes from the Bay and boat ramps. Not a bad spot to build your retirement home or 2nd home. Seller also has another lot at 112 Spoonbill Court for $11,900. Seller will provide a discount if both are purchased together.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017