394 ROYAL TERN WAY
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 21, 2025 | Price Decreased |
$39,500
↓ $400
(1%) | |
| Price Decreased | |||
| Jun 23, 2025 | Listed by AMERICAN REALTY OF PSL LLC | $39,900 | |
| Listed by AMERICAN REALTY OF PSL LLC | |||
| Apr 22, 2025 | Price Decreased |
$39,900
↓ $1K
(2.4%) | |
| Price Decreased | |||
| Jan 27, 2025 | Price Decreased |
$40,900
↓ $3K
(6.8%) | |
| Price Decreased | |||
| Dec 26, 2024 | Listed | $43,900 | |
| Listed | |||
| | |||
|
Owner financing available. Prime Location to build your dream home on this 0.23 acre lot in St. James Bay.Just minutes from the boat landing and the best fishing around. Property owners have access to the tennis courts, workout facility, pickle ball courts, swimming pool and the Bayside facility with picnic tables, fishing pier and a firepit for those cool evenings. St. James Bay is a public golf course so no membership is required.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017