5914 ROYAL PT
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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Redfin Corporation | $250,000 | |
| Listed by Redfin Corporation | |||
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Charming 1-Story Home in Royal Ridge is ready for new owners! This 3 bedroom 2 bath home features a light and bright floor plan with neutral tones, perfect for any decor. The includes stainless steel appliance, plenty of cabinetry for storage, and breakfast nook with bay windows. Living room boasts a fireplace, and the home also has a formal dining space. The backyard is graced with mature shade trees, and a covered patio, the perfect palace to entertain or relax. Don't miss this opportunity to make this your next home, book your personal tour today!
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| May 18, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Listed by The Platinum Group | $139,900 | |
| Listed by The Platinum Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017