701 Roy Street
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 |
|---|---|---|---|
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by RE/MAX Universal | $475,000 | |
| Listed by RE/MAX Universal | |||
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Rice Military home with elegant stucco elevation, double-wide driveway. Step outside to a spacious covered patio, pool, waterfall, ultimate spa, and outdoor kitchen plumbed for gas! The yard is perfectly landscaped & designed for privacy. Interior offers a fresh neutral paint palette, high vaulted ceiling, hardwood floors & Plantation Shutters. This updated Kitchen with stainless appliances is filled with natural light from the window above the sink & overhead skylight. Fresh updated painted cabinets. Modern nickel finish on fixtures & hardware. Raised breakfast bar opens kitchen to dining area and family room. Primary bedroom is large and spacious. Ensuite bath includes double sinks, jetted tub, separate shower, updated lights/fixtures. Private guest half bath upstairs. 2 secondary bedrooms plus full bathroom downstairs. Home energy efficient updates include recent double pane windows and newer roof with radiant barrier. Plus a recently replaced variable speed AC and water heater.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017