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5201 ROYCE Avenue
About This Property
The home boasts a new roof (2023), gleaming hardwood and tile flooring throughout, and a stunning kitchen with new cabinetry and top-of-the-line appliances, perfect for everyday living and entertaining alike.
An oversized 2-car garage offers plenty of room for parking plus a dedicated workshop area, ideal for hobbies, equipment, or extra storage.
Major systems have already been handled for peace of mind: all cast iron piping and cloth wiring has been removed and upgraded. More recent updates include a 30W electrical hookup for your boat or RV and a new gate between the house & garage
Property is listed ''AS IS''.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Price Decreased |
$245,000
↓ $32K
(11.6%) | |
| Price Decreased | |||
| Jan 16, 2026 | Relisted | $277,000 | |
| Relisted | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017