404 Royal Street
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Price Decreased |
$285,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Aug 22, 2024 | Listed by Fathom Realty LLC | $289,000 | |
| Listed by Fathom Realty LLC | |||
| | |||
|
Experience modern living with this stunning farm house style home, boasting 3 bedrooms, 2 baths and numerous upgrades. The oversized iron front door sets the tone for the enhanced finishes that await inside. On the interior you will experience a split living floor plan, open concept living area, complemented by sleek white granite counter tops, stylish pendant fixtures and stainless steel appliances. There is wood like tile throughout, the master bathroom has double sinks and gorgeous walk in shower. This home offers the appeal of new construction along with the bonus of a brand new privacy fence. Make it yours today!
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| Apr 29, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017