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24 Roycroft Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 3, 2011 | Sold | ||
| Sold | |||
| Apr 9, 2011 | Listed | $350,000 | |
| Listed | |||
| Sep 29, 2006 | Sold | ||
| Sold | |||
| Mar 21, 2006 | Listed by Century 21 North East | $344,900 | |
| Listed by Century 21 North East | |||
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ATTRACTIVE DUTCH COLONIAL HOME SITUATED ON A CORNER LOT IN THE GARDNER PARK NEIGHBORHOOD. THIS HOME OFFERS AN EAT-IN KITCHEN, FORMAL DINING ROOM, LIVING ROOM AND DEN ON THE FIRST FLOOR. THERE IS A FAMILY ROOM AND HALF BATH IN THE BASEMENT. THE ONE CAR GARAGE HAS A NEWER DOOR AND AUTO DOOR OPENER AND AN ATTACHED, ENCLOSED PATIO. THERE IS ALSO A STORAGE SHED WITH ELECTRIC POWER. A LOVELY HOME IN A WONDERFUL NEIGHBORHOOD CLOSE TO THE NEW CARROLL ELEMENTARY SCHOOL AND CONNELLY PARK.
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