7 Royal Circle
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 19, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by RE/MAX Benchmark Realty Group | $379,900 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Welcome to this charming ranch home, lovingly maintained by its current owners! Currently set up as a 2-bedroom, this home offers a spacious and inviting atmosphere that feels much larger than its footprint suggests. Originally the third bedroom, the formal dining room offers more space for entertaining. One highlight of the property is the delightful 3-season screened-in room, perfect for enjoying summer meals and relaxing evenings. This room seamlessly connects to a large deck, overlooking a beautifully cared-for backyard a true oasis for outdoor living and perfect for hosting family and friends. Additional details include hardwood flooring throughout the main floor and the eat-in-kitchen. This property also features an oversized second garage, ideal for the hobbyist! The lower level offers the potential for additional living space or storage. Whether you're looking for a cozy retreat or a home with potential to expand, this property offers a unique opportunity to make it your own. Within minutes you can be close to all major roadways, a variety of shops, the Newburgh waterfront, and Stewart International Airport. Experience the warmth and comfort of this well-cared-for home! Additional Information: ParkingFeatures:2 Car Attached, ConstructionDescription: Vinyl Siding, Flooring: Carpet,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017