503 Royal Tern Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Listed by Barefoot Bay Realty | $134,900 | |
| Listed by Barefoot Bay Realty | |||
| | |||
|
Open concept 2 bedroom/2 bath home with a light and airy spacious feel. Kitchen has a window overlooking the sink and counter space for additional light. Guest bath with updates. New sliding doors hurricane protected with easy close accordion shutters. New vapor barrier in 2021. Fully fenced yard with double access gates and two patios. Double driveway with plenty of parking for guests/golf cart.
One time Social membership fee of $1605 paid at closing. Yearly Maintenance fee of $1001.17 paid annually in tax bill.
| |||
| Oct 8, 2020 | Sold | ||
| Sold | |||
| Aug 25, 2020 | Listed by RE/MAX Crown Realty | $125,000 | |
| Listed by RE/MAX Crown Realty | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Barefoot Bay
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 2 Beds
- 2 Baths
- 1,380 ft²
$1,750 /mo
- 2 Beds
- 2 Baths
- 1,584 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017