18
Map
515 ROYAL ELM DR
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 |
|---|---|---|---|
| Mar 5, 2020 | Sold | ||
| Sold | |||
| Dec 31, 2019 | Listed by BEST Real Estate Company | $298,111 | |
| Listed by BEST Real Estate Company | |||
| |||
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You will love this 4 bedroom 2 1/2 bath newly remodeled home! Comes with beautiful laminate hard wood and tile in the common areas, new carpet in all bedrooms, the master is enormous with over-sized spa bath, jetted tub and shower and his and hers closets. Property has new stove, microwave, and dishwasher, separate laundry room with cabinets, granite countertops, and a sparkling in ground swimming pool. Corner lot, close to shopping and entertainment, Collierville Elementary, and Powell Park.
| |||
| Sep 24, 2019 | Listed by BEST Real Estate Company | $298,111 | |
| Listed by BEST Real Estate Company | |||
| Apr 18, 2019 | No longer available | - | |
| No longer available | |||
| Feb 22, 2019 | Price Decreased |
$294,500
↓ $500
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017