7209 ROYAL ARMS
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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.
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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 |
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| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
| Nov 5, 2018 | Relisted | $296,000 | |
| Relisted | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2017 | Listed | $296,000 | |
| Listed | |||
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Distinctive Custom built Hacienda style home in a very prime west side location with a beautiful view of the city. This charming home features a welcoming courtyard as you make your way to the front entrance. The interior accommodates an elegant dinning area with a chandelier, cathedral ceilings, tile and carpet flooring, formal living area with fireplace, double doors to back patio, and added windows for a spectacular view of the city. The living room features built-ins, sky lights, and upgraded light fixtures. Beautifully appointed with four bedrooms, two with a Jack and Jill bathroom and added closet space. The kitchen comes with a Spanish tiled finish, breakfast area, ceiling accent lighting, and pantry. The master bedroom has access to the third back-yard patio, custom shutters, master bathroom with jetted tub, standing shower, his/her sink, and walk-in closet........Make an appoinment for a private showing! The manager has listed the unit size as 3105 square feet.
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| Jul 8, 2017 | Listed | $299,998 | |
| Listed | |||
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This custom built hacienda style one-story home is in a very prime west side location with a beautiful view of the city. This charming home features a vibrant courtyard as you make your way to the front entrance. The interior accommodates an elegant dinning area with a chandelier, cathedral ceilings, tile and carpet flooring, formal living area with fireplace, double doors to back patio, and added windows for a spectacular view of the city. The living room features built-ins, sky lights, and upgraded light fixtures. The home comes with four bedrooms, two with a Jack and Jill bathroom and added closet space. The kitchen comes with a Spanish tiled finish, breakfast area, ceiling accent lighting, and pantry. The master bedroom has access to the third back-yard patio, custom shutters, and also has added windows for a more better view. The master bathroom features a jetted tub, standing shower, his/her sink, and walk-in closet. Come and see this custom built design for yourself! The manager has listed the unit size as 3105 square feet.
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About Falcon Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017