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2912 Royal Palm Drive
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 |
|---|---|---|---|
| Oct 23, 2020 | No longer available | - | |
| No longer available | |||
| Oct 14, 2020 | Price Decreased |
$899,888
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Oct 7, 2020 | Relisted | $949,888 | |
| Relisted | |||
| Oct 6, 2020 | No longer available | - | |
| No longer available | |||
| Sep 17, 2020 | Listed | $949,888 | |
| Listed | |||
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Completely renovated and remodeled in 2018, this beautiful single-level home is ideally located on a corner lot in the highly desirable Mesa Verde area! Inspired by the latest trends in home design, this incredible home features an open floor plan with distressed wood-look tiles throughout and an abundance of natural light in every room. Spacious living room with a remodeled fireplace opens to the lush backyard through sliding glass doors. The gourmet kitchen opens to the dining room and boasts crisp white shaker cabinetry with quartz counter tops, open wood shelves, stainless steel appliances, farmhouse sink, hood vent and gorgeous subway tile backsplash. The spacious master bedroom opens to the courtyard through sliding glass doors and features an oversized double mirrored wardrobe. A highly upgraded ensuite master bath features a barn door, dual sink vanity and a walk-in shower. Secondary bedrooms share a completely remodeled full bathroom. Enjoy the convenience of an oversized 2-car attached garage with newer garage door and epoxy floors. The lush green backyard with mature trees features newer retractable patio cover, storage shed and a zen garden. Other features include, dual pane windows, plantation shutters, LED can lighting, wainscoting, new upgraded electrical panel with 220V, A/C, furnace, and much more. New plumbing ready for water softener system & water purifier. Ideally located near the FWY, renowned shopping and restaurants and minutes from OC's sunny beaches. The manager has listed the unit size as 1451 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017