3354 Royal Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2021 | Listed by Keller Williams Urban Dallas | $410,000 | |
| Listed by Keller Williams Urban Dallas | |||
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Sparkman Club Estates. Remodeled with a Perfect Blend of 1950's Modern and Traditional Ranch. Beautiful drive up appeal, surrounded by mature oak trees and professionally landscaped. Two distinct living spaces, private bedroom suite area and a large backyard for entertaining & gardening. Bamboo flooring and tile thru out. Both bathrooms have been renovated which include Euro style glass door, custom tile work and modern vanities. Transferable foundation warranty, sewer and gas lines replaced, updated electrical panel and new water heater. Sparkman offers voluntary memberships to enjoy three pools, two tennis courts, large clubhouse, playground, park and much more.
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| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
| Sep 9, 2018 | Listed | $369,000 | |
| Listed | |||
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Perfect Blend of Modern & Traditional Ranch. Remodeled with attention to detail. Located on a private drive off Royal Ln within coveted Sparkman Club Estates. Mature oak trees and professionally landscaped. Bright updated kitchen w SS appliances. Two distinct living spaces. Masterbedroom includes renovated bathroom with Euro-style glass shower, custom tile work and open concept closet. Renovated J&J bathroom. Bamboo flooring throughout bedroom wing. Large grassy backyard w modern patio surrounded by 7’ privacy fence. Transferable foundation warranty; new sewer and gas lines; updated electrical panel. Sparkman offers voluntary membership to enjoy club’s pool, tennis courts, clubhouse, playground and much more. The manager has listed the unit size as 1680 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017