80248 Royal Dornoch Drive
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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 28, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Riviera West Realtors, Inc. | $253,000 | |
| Listed by Riviera West Realtors, Inc. | |||
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This home is priced to sell! What a great opportunity to live in Heritage Palms Country Club at such a great price. Upgrades include stainless steel appliances, granite counter-tops and newer high efficiency AC . plus High ceilings and open floor plan offer plenty of natural light. Spacious Master has 2 walk- in closets plus guest room & bath located away from Master for guest privacy. New great addition to rear patio. 8 beautiful trees have been added for privacy & beauty. Please submit all reasonable offers! Thank you!
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| Jul 20, 2020 | No longer available | - | |
| No longer available | |||
| Jul 15, 2020 | Price Decreased |
$260,000
↓ $9K
(3.4%) | |
| Price Decreased | |||
| Jun 14, 2020 | Listed | $269,000 | |
| Listed | |||
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Enjoy the very best that desert life has to offer in Heritage Palms!This residence features updated stainless steel appliances, granite countertops, and new high-efficiency A/C and HE washer/dryer. As you walk in, you'll notice the tall ceilings and open floor plan with plenty of natural light. The master bedroom is spacious with 2 walk-in closets. The guest bedroom and bathroom are located away from the master bedroom, offering privacy to both you and your guests.The community offers TONS of amenities, with premium cable TV/Internet included. The property is located just steps from the Heritage Palms clubhouse, with curated live entertainment, FREE personal training and daily group fitness classes (yoga, Zumba, water aerobics), and social clubs (book club, singles, cycling, watercolor, dancing).Feel secure with 24/7 guarded entrances. Enjoy the soaring, expansive views from the on-site restaurant for lunch, dinner, and Sunday brunch, or outdoors from the 18-hole championship golf course, driving range, and tennis courts. Relax in either the indoor or outdoor pool, or spa.This friendly, close-knit, active 55+ community has so much to offer! The manager has listed the unit size as 1468 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017