5903 RIO ROYALLE Road
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 |
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| Apr 28, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $599,900 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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Here's your chance to own your waterfront paradise in the much sought after Treasure Beach neighborhood! This 3 Bedroom 2 Bath charmer boasts a West Looking view down a short finger canal with quick access to the Intracoastal Waterway. Watch the amazing sunsets from the large porch with wooden deck. This once in a lifetime opportunity comes complete with boatlift and dock, detached two car garage, upgraded aluminum fence including automatic gate, pavered driveway and so much more. The Treasure Beach neighborhood has a dedicated beach access for residents and guests and also allows short term rentals - this property checks every box!
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| Mar 9, 2019 | No longer available | - | |
| No longer available | |||
| Jan 25, 2019 | Listed | $449,500 | |
| Listed | |||
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Direct Intracoastal Access From This Newly Remodeled 3 Bdrm/2 Bath Home In Treasure Beach. Watch Beautiful Sunsets Thru The 12' Sliding Glass Doors In The Living Area & While You Are Lazing On The Padded Seating Area Of The Bay Window. 15x15 Kitchen W/Island Has Hosted Many Thanksgivings With 30+ Family Members. On Demand Hwh Ensures That You Will Never Run Out Of Hot Water No Matter How Many Of Them Stay Over! Canal Recently Dredged--3.5' @ Low Tide. Priced Below Appraisal.,Enjoy The Outside Decks On Side,Back & At The Dock In A Beautifully Landscaped Setting. Dock Deck Is 27x15 With Boat Lift. Remodeled In 2003. New Metal Roof,Kitchen,Windows,Garage,Hardi-board Siding,Irrigation,On Demand Hwh,New Septic Drain Files. 2017 New Flooring Thru-out,New Master Bath,Water Lines To Kitchen & Baths Replaced,Interior & Exterior Painted. The manager has listed the unit size as 1397 square feet.
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| Nov 1, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017