3586 Royal Tern Circle
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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 6, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2020 | Listed by RealVantage Real Estate Corp. | $295,000 | |
| Listed by RealVantage Real Estate Corp. | |||
| Feb 25, 2019 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $347,000 | |
| Listed | |||
| | |||
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Clubhouse and golf course assessments fully paid! Huge benefit for the new owners! Beautifully landscaped golf view in this renovated 3 bedroom 2 bath villa with garage. Spacious living & dining areas, wet bar in dining room. Remodeled kitchen with white cabinetry, granite counters, stainless steel appliances boasting a double wall oven, cooktop and added pantry. The master bath has been renovated and includes a large step-in shower, corner roman jacuzzi tub and walk-in closet. Accordian storm shutters on all windows. Quail Ridge is a private, member-owned community and club. All residents are members of Quail Ridge Country Club and have a choice of either a golf or a social/tennis membership. The manager has listed the unit size as 2314 square feet.
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| Apr 9, 1997 | Sold | ||
| Sold | |||
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About Quail Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017