608 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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by Home 1st Real Estate | $145,000 | |
| Listed by Home 1st Real Estate | |||
| Oct 24, 2013 | Sold | ||
| Sold | |||
| Sep 10, 2013 | Listed by PRODUCTION REALTY | $17,000 | |
| Listed by PRODUCTION REALTY | |||
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HUD Home just minutes from West Ave and 94 & N 127 Intersection. Close to Jackson Crossing Mall and other food and shopping. Nice side street with little foot or car traffic. Disclosures: LBP. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance, Property is connected to a well. Any required well repairs will be the buyer's expense.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017