616 Roycroft Avenue
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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%.
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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 2, 2022 | No longer available | - | |
| No longer available | |||
| Jun 14, 2022 | In contract | - | |
| In contract | |||
| Jun 3, 2022 | Listed by Vista Sotheby's International Realty | $1,299,000 | |
| Listed by Vista Sotheby's International Realty | |||
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Nestled in the desirable Belmont Heights neighborhood, this bright, one level home features a fantastic open floor plan. A stunning, updated kitchen opens to the comfortable living room and dedicated dining area. Whether you're hosting for the holidays or having a cozy night in front of the fireplace, this "Great Room" will quickly become one of your favorite spots. The primary suite is spacious and features a walk-in closet, a newly renovated bathroom, and French Doors opening to the back deck. The backyard is spectacular, and the epitome of the southern California lifestyle. It seamlessly blends indoor and outdoor living to take advantage of al fresco dining, enjoying the numerous fruit trees or watching kids/dogs play on the flat, grassy lawn. Lined with mature, drought-tolerant landscaping, this outdoor space is a rare find. A newer HVAC system and roof are just some of the amenities. Located just minutes from the beach, Colorado Lagoon, Marine Stadium Park, numerous golf courses, the greenbelt, and 2nd Street's fine dining and boutiques, the next owners will undoubtedly cherish this incredible home. The manager has listed the unit size as 1454 square feet.
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| Mar 30, 2018 | Sold | ||
| Sold | |||
| Oct 5, 2017 | Listed by Tommy Du Realty & Mortgage | $819,000 | |
| Listed by Tommy Du Realty & Mortgage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017