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4948 Royal Drive
About This Property
Major system upgrades throughout, including-new HVAC system, electrical wiring, plumbing, insulation, double pane windows, new boiler, and brand new appliances giving you reduced maintenance costs for years to come. Granite Countertops throughout. This home sits on a spacious lot, offering room to enjoy outdoor living and future possibilities.
Take in beautiful mountain views while still being conveniently located near freeway access, shopping, restaurants, and everyday essentials.
This is the kind of home that makes ownership feel achievable and stress-free--perfect for starting your homeownership journey with peace of mind.
Bonus: The TV stays with the home for added convenience.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Relisted | $205,000 | |
| Relisted | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by Home Pros Real Estate Group | $205,000 | |
| Listed by Home Pros Real Estate Group | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017