2513 Royal Highlands Lane
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | Listed by Rick Lamar Real Estate, LLC | $499,900 | |
| Listed by Rick Lamar Real Estate, LLC | |||
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Immaculate two story home in cul-de-sac on large lot over QUARTER ACRE!! with a breath taking POOL. Beautiful custom front door with finger print lock, gorgeous white porcelain floors. Upgraded cook top, dishwasher, and built in microwave. NEW ROOF AND GUTTERS ALL THE WAY AROUND!! AND NEW FENCE WITH CUSTOMIZED OPENING FOR RIDING LAWN MOWER!! REMODELED BATHROOMS!! NEW HOT WATER TANK!! Garage floors coated with insulated door...THIS HOME HAS THE BEST LOCATION CLOSE TO TONS OF RESTAURANTS AND SHOPPING!! The garage has a great storage area currently used as a home gym. Recent paint, light fixtures and ceiling fans added. Lots of beautiful landscaping and perfectly situated on large lot!! UV LIGHTING SYSTEM ON AIR CONDITIONER SYSTEM, AC recently serviced. Neighborhood has great walking trails and tons of trees!! ALSO INCLUDES GENERATOR!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017