48 Royal Rd
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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Jul 10, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $264,900 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
| May 1, 2013 | Sold | ||
| Sold | |||
| Jul 18, 2011 | Listed by RE/MAX Vision | $125,000 | |
| Listed by RE/MAX Vision | |||
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Incredible DEAL for investor - Dutch Colonial w/ 1564+ sq. ft. 7+ rms, 3 BR's, 2 full baths, fin. lower level, corner lot, fireplace LR open to formal DR, eat-in kitchen/ tile flooring & stainless app., 1st floor den/sliders to deck. The 2nd level consist of 3 BR's, a full bath & walk up attic. Hardwoods 1st & 2nd level, updates siding, most windows, elec, boiler ect. Pipe froze in 2 nd floor bathroom minor damage however need cash or rehab loan. Short sale need bank approval.
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