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70 N Royale Greens Drive
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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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by Compass RE Texas, LLC - The Woodlands | $329,900 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| Nov 28, 2024 | No longer available | - | |
| No longer available | |||
| Aug 17, 2024 | Listed by Compass RE Texas, LLC - The Woodlands | $349,900 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
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Welcome to this thoughtfully designed home nestled in the gated community of Cape Royale. The one-story home has a great floor plan ensuring a seamless flow throughout. As you step inside you are greeted by the open-concept living space where the living, kitchen, and dining areas unite under high ceilings. The spacious kitchen features stainless steel appliances, granite counter tops, farm sink and a sprawling island with breakfast bar. Adjacent to the kitchen, the large utility/mudroom connects to the garage for convenience. You can enjoy the peaceful surroundings from the covered back deck with privacy fence and side yard for additional outdoor entertaining space. With a two car attached garage and ample driveway parking, hosting family and friends is a breeze. The home is wheelchair friendly with wider doors, hallways and accessible sink. Cape Royale property owners have access to the marina, boat ramp, parks, tennis courts, basketball court, pool, nature trails and more!
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Property Highlights
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About Cape Royale
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$1,200 /mo
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$950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017