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561 Royal Avenue
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 24, 2022 | No longer available | - | |
| No longer available | |||
| Feb 24, 2022 | In contract | - | |
| In contract | |||
| Feb 9, 2022 | Listed by RE/MAX PREMIER/SANMARINO | $659,000 | |
| Listed by RE/MAX PREMIER/SANMARINO | |||
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Cozy two bedrooms home with HUGE LOT totally remodeled , property features brand new kitchen cabinet, quartz counter top, brand new appliances, splt a/c units , and laminated wood flooring. Bright and airy, property is conveniently located to schools, restaurants , shops and all transportaiton.Lot over 22,000 s.f. under SB9 property possible to build many units /ADU , buyer to verify with the city/count for more info. The manager has listed the unit size as 760 square feet.
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| Dec 20, 2021 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by Pinnacle Estate Properties, Inc. | $469,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
Property Highlights
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017