431 Royal Tern Drive
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 |
|---|---|---|---|
| Mar 6, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $99,000 | |
| Listed | |||
| | |||
|
Spacious, Island Kitchen, 1,359+ square foot, light bright interior, with laminate flooring through out, raised porch, additional deep freezer, newer washer/dryer/ac/heat/refrigerator/kitchen counter tops/roof, tiled bathrooms, breakfast bar, walk in closets, huge utility shed, bonus room (office space), exterior laundry in utility shed, and what a wonderful neighborhood...who could ask for anything more? Social membership fee $529.65 One time fee at closing and $720 yearly incorporated into your property tax.The manager has listed the unit size as 1359 square feet.
| |||
| Jun 26, 2017 | Listed by Barefoot Bay Realty | $99,000 | |
| Listed by Barefoot Bay Realty | |||
| Aug 1, 2015 | Sold | ||
| Sold | |||
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About Barefoot Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017