500 ROYAL PALMS 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 |
|---|---|---|---|
| Jun 30, 2010 | Listed by INTERNATIONAL REAL ESTATE NETWORK | $195,000 | |
| Listed by INTERNATIONAL REAL ESTATE NETWORK | |||
| Oct 5, 2009 | Listed by INTERNATIONAL REAL ESTATE NETWORK | $220,000 | |
| Listed by INTERNATIONAL REAL ESTATE NETWORK | |||
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Short Sale. Great 3 bedroom house close to the beach.
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| May 12, 2006 | Sold | ||
| Sold | |||
| Jan 10, 2006 | Listed by MAXIMUM VALUE REALTY, INC. | $219,900 | |
| Listed by MAXIMUM VALUE REALTY, INC. | |||
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|
Great 3BD/1.5BTH near Beach. Brand new Kitchen, tile floors, Cent A/C, Freeshly Painted Inside/Out. Completely Rehabbed! Must See!!!
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| Aug 4, 2005 | Listed by INTERNATIONAL REAL ESTATE NETWORK | $234,900 | |
| Listed by INTERNATIONAL REAL ESTATE NETWORK | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017