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4930 Royal Arbor Lane
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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Compass RE Texas, LLC - Houston | $375,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Aug 15, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Intercontinental Properties | $329,000 | |
| Listed by Intercontinental Properties | |||
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Beautiful Lake View One-Story Home with all sided brick home located in Lakes of Pine Forest. Spacious floor plan with open Kitchen with direct access to the breakfast/dining area and Family room with direct views to the lake. Home is freshly coated with the elegant contemporary light grey/white tone. Recently upgraded with Luxury Vinyl Plank flooring, both bathrooms with double sinks vanities, guest bathroom with walk-in shower, light fixtures, all new window blinds, modern invisible ceiling fans with Chandeliers, new water filtering system and water softener. Tranquil backyard with covered patio and a private access to the Lake and Lake trail. Plenty of shopping, restaurants, easy access to the Highway for work commuting. Public Park, hiking trails and golf country clubs are all nearby where you can start a healthy lifestyle with this home. Refrigerator, washer, dryer stay. Over 30k updates and upgrades! A must see house!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017