38 Royal Heights
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 |
|---|---|---|---|
| Jun 26, 2020 | No longer available | - | |
| No longer available | |||
| Feb 24, 2020 | Listed | $2,249,000 | |
| Listed | |||
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This home is under construction by Texas Custom Builder of the year, Adam Wilson Custom Homes. Perfect corner lot in the Dominion. Lots of natural light with 4 bedrooms down including the master suite with fabulous closets. living room and game room with wet bar, opens to the pool makes this home perfect for entertaining. Outdoor kitchen with pool and spa. This is a must see. The manager has listed the unit size as 6875 square feet.
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| Aug 12, 2019 | Sold | ||
| Sold | |||
| Nov 13, 2018 | Listed by Laura Saenz, Broker | $350,000 | |
| Listed by Laura Saenz, Broker | |||
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One of the best lots in the Dominion, ready to build, level lot located in a corner. Bring your own builder. Needs to be approved by HOA architectural committee.
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| Nov 10, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017