8 Royal Road
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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Lamacchia Realty, Inc. | $320,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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OFFER DEADLINE - MONDAY 8/19 @ 6PM. Please make offers good through Tues end of day. Charming 4-bedroom Cape with recent upgrades! Tiled entryway leads to a spacious living room featuring gleaming hardwood floors and a slider to the back deck. The dining room boasts a bay window, and convenient exterior access via the side door. Hardwood floors run throughout all four bedrooms! The partially finished lower level offers a carpeted bonus room with cable hookup, full bathroom, washer and dryer, and a walkout to the backyard. Enjoy outdoor entertaining on the multi-tiered deck, circular brick patio, and sparkling inground pool. Detached 1 car garage with storage space and driveway with room for five cars provide ample parking. Located with easy access to public transportation, shopping, parks, walking trails, Hadwen Park, and more! Recent updates include new water heater (2023), refinished hardwood floors, a new outdoor deck, and a full privacy fence in the backyard! Welcome Home
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| Jul 25, 2002 | Sold | ||
| Sold | |||
| Jun 6, 2002 | Listed by Lamacchia Realty, Inc. | $184,900 | |
| Listed by Lamacchia Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017