2524 Royal Lane
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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by House Brokerage | $385,000 | |
| Listed by House Brokerage | |||
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Welcome home! This mid-century modern gem in the heart of Denton, perfectly situated across from Nette Shultz Park. This charming home offers a stunning blend of coziness and open, inviting spaces, making it ideal for both relaxation and entertainment. Step inside to find original hardwood flooring that adds warmth and character throughout. The updated kitchen is a delight, equipped with modern amenities while retaining the home's original charm. Large windows, a classic fireplace, and built-ins contribute to the cozy ambiance, making each room feel welcoming and comfortable. Boasting a spacious front yard and an enchanting backyard, while surrounded by established trees that provide a serene and private setting. Enjoy the convenience of nearby trails, perfect for outdoor recreation and exploring the natural beauty of the area. Experience the perfect blend of classic charm and modern comfort in an opportunity to live in a highly sought-after Denton neighborhood.
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| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by KELLER WILLIAMS REALTY | $319,900 | |
| Listed by KELLER WILLIAMS REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017