81 Royal Oak
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 22, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by EXP Realty, LLC. | $317,000 | |
| Listed by EXP Realty, LLC. | |||
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Welcome to Emerald Oaks Estates! The McGinnis plan by Smith Douglas Homes is a masterpiece of design, offering a perfect blend of sophistication and comfort. The main level is a showcase of unexpected luxuries, featuring an open living space with a cozy fireplace, a spacious dining area, and a modern kitchen concept that opens seamlessly to a large patio. The kitchen is a chef's delight, boasting upgraded cabinets, a convenient island, and stunning granite counters. Whether you're entertaining guests or enjoying a quiet evening at home. As you ascend the staircase to the second story, you'll discover the true sanctuary of the home—the Owner's suite. Pamper yourself in the luxurious bath with a double vanity and a generously sized shower. This retreat is thoughtfully tucked away from three additional bedrooms and a loft, providing a serene escape. The convenience of a second-story laundry room with direct access to the Owner's closet adds a practical touch to this well-designed home. Enjoy an abundance of natural light throughout, thanks to strategically placed additional windows that enhance the overall ambiance. Smith Douglas Homes, the #1 private homebuilder in the Atlanta area, brings unparalleled quality and craftsmanship to Emerald Oaks Estates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017