2346 Royal Avenue #6
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 6, 2018 | Sold | ||
| Sold | |||
| Oct 10, 2018 | Listed by Century 21 Masters | $397,000 | |
| Listed by Century 21 Masters | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/14/2023
|
3 Bed
|
2 Bath
|
1088 ft²
|
$599,000
3 Bed
2 Bath
1088 ft²
|
-
-
|
Meline Khacheryan
eXp Realty of California Inc
| |
|
04/20/2022
|
3 Bed
|
3 Bath
|
1414 ft²
|
$579,999
3 Bed
3 Bath
1414 ft²
|
-
-
|
Brandon D Cusinato
RE/MAX ONE
| |
|
04/03/2019
|
3 Bed
|
2 Bath
|
1414 ft²
|
$419,000
3 Bed
2 Bath
1414 ft²
|
$415,000
-0.95%
06/03/2019
|
Jay Halvorson
Keller Williams Exclusive Properties
| |
|
10/10/2018
|
3 Bed
|
2 Bath
|
1414 ft²
|
$397,000
3 Bed
2 Bath
1414 ft²
|
$399,000
+0.50%
12/06/2018
|
Beatriz Lopez
Century 21 Real Estate Alliance
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017