7337 Royal Arms Drive
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 |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Price Decreased |
$225,000
↓ $10K
(4.3%) | |
| Price Decreased | |||
| Nov 17, 2025 | Listed by Keller Williams Realty | $235,000 | |
| Listed by Keller Williams Realty | |||
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Charming Two-Story Home with Vaulted Ceilings and Spacious Backyard
Welcome to this delightful 3 bedroom, 2 bath home offering 1,420 sq ft of comfortable living space. With a thoughtful layout and cozy features throughout, this home is perfect for anyone seeking a peaceful retreat in a great neighborhood.
Interior Highlights:
Primary bedroom conveniently located downstairs for added privacy
Two additional bedrooms upstairs plus a cozy loft ideal for a homework station or reading nook
Vaulted ceilings that enhance the sense of space and light
Dedicated dining room and a charming fireplace with chimney for cozy evenings
Refrigerated air for year round comfort
Outdoor Features:
Large backyard with plenty of room for entertaining, gardening, or play
This inviting home blends warmth, functionality, and charm ready for you to move in and make it your own. Schedule your showing today and experience all that 7337 Royal Arms has to offer!
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| May 31, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017