5554 Royal Lake Circle
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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 |
|---|---|---|---|
| Aug 14, 2019 | Sold | ||
| Sold | |||
| Jun 22, 2019 | No longer available | - | |
| No longer available | |||
| Jun 13, 2019 | Price Decreased |
$258,000
↓ $4K
(1.5%) | |
| Price Decreased | |||
| Jun 10, 2019 | Price Decreased |
$262,000
↓ $6K
(2.2%) | |
| Price Decreased | |||
| May 25, 2019 | Listed | $268,000 | |
| Listed | |||
| | |||
|
POPULAR CORNER PATIO HOME IN DESIRABLE ROYAL LANDINGS AT CORAL LAKES! SPACIOUS 2 BR WITH SEPARATE DEN/3RD BEDROOM PLUS FLORIDA ROOM! SCREENED PATIO, 1 CAR GARAGE w/ DOUBLE WIDE DRIVEWAY! HIGH CEILINGS WITH SKYLITES! REMODELED WALL DOWN EAT IN KITCHEN W/STAINLESS APPLIANCES , FARM SINK & QUARTZ COUNTERS! UPDATED BATHS w/ DOUBLE VANITIES IN MASTER! ROOF 2010, NEW GARAGE DOOR. STEPS TO SPARKLING HEATED POOL *PLUS* 70,000 SF ACTIVE CLUBHOUSE FEATURES INDOOR & OUTDOOR RESORT POOLS! ACTIVE TENNIS CENTER, STATE OF THE ART FITNESS CENTER, PROFESSIONAL THEATRE, CLUBS CLASSES, CARDS & DINE IN CAFE! CORAL LAKES HAS IT ALL! The manager has listed the unit size as 1658 square feet.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017