599 Royal Drive
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 |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by RE/MAX MID-MICHIGAN R.E. | $150,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Sep 9, 2023 | No longer available | - | |
| No longer available | |||
| Aug 29, 2023 | In contract | - | |
| In contract | |||
| Aug 23, 2023 | Listed by RE/MAX Mid-Michigan | $150,000 | |
| Listed by RE/MAX Mid-Michigan | |||
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If walls could talk there would be some great stories to hear. This family has enjoyed this house for over 50 years. The ice hockey games that were played in the backyard, and covered by the press box located in the upstairs of the garage, were legendary. This neighborhood offers the convenience to town and the benefit of being in Blackman Township and Northwest Schools. This home is just looking for someone to build their own memories. The manager has listed the unit size as 1174 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017