51
Map
4833 ROYAL Avenue
About This Property
New Roof, Fresh Interior Paint and newly refinished bathtub. Great Murray Hill location. Close to everything! Large .36 acre lot. The land alone is valued at 162k. (SEE TAX ROLL). Don't miss out on this great investment opportunity! No HOA FEES or restrictions, easy ingress and egress. It is also less than half a mile to I-10. This 2-bedroom/1-bath home has newer wooden fencing around the back and sides of the home. Other features include separate living, dining, and kitchen area. The utility room includes a washer/dryer and offers ample storage space. The property has a termite bond that was just renewed. Retail stores, grocery and many businesses all within walking distance. See property survey in photos for detailed description of the land and boundaries.
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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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | Price Decreased |
$145,000
↓ $20K
(12.1%) | |
| Price Decreased | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Feb 7, 2026 | Price Decreased |
$165,000
↓ $10K
(5.7%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$175,000
↓ $13K
(6.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017