7209 ROYAL ARMS Drive
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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 |
|---|---|---|---|
| Feb 18, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by Coldwell Banker Legacy | $335,000 | |
| Listed by Coldwell Banker Legacy | |||
| Jul 2, 2020 | No longer available | - | |
| No longer available | |||
| Dec 26, 2019 | Listed | $299,950 | |
| Listed | |||
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Distinctive custom built Hacienda style home in prime west side location with a beautiful view of the city. This charming home features a welcoming courtyard with hanging purple wisteria every March with a touch of Portugal tile as you make your way to the front entrance. Interior accommodates an elegant dining area with hanging chandelier framed by 180 degree view of the Mexican mountains, cathedral ceilings, Spanish tile & carpet flooring. Formal living room features two skylights and upgraded light fixtures. 4 bedrooms, 2 with a Jack & Jill bath, plus added closet space. Kitchen comes with Spanish tile finish, breakfast area, double ovens, ceiling accent lighting, and pantry. Master bedroom has access to third back covered patio with stunning surrounding view, and custom plantation shutters. Master bath has jetted tub, 2 large framing windows, standing shower, his & hers sinks and walk in closet. Great for entertaining! Looking for someone to love it as much as its current owner. The manager has listed the unit size as 3105 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017