9057 Royal St
About This Property
Expansive main level boasting an open layout and a private master suite. Move-in ready for immediate occupancy. This enhanced manufactured home is firmly affixed to its foundation. Convenient location near Gary A. Carstens Memorial Park and Water World.
Noteworthy features comprise:
Recently applied exterior paint
A spacious patio extension, sheltered and covered
Supplementary storage with a covered area beside the home
A generously proportioned outbuilding complete with electrical connections
Fresh flooring throughout the interior
A fully revamped kitchen featuring new cabinets, sink, appliances, and granite countertops
Well-sized bedrooms offering plenty of space
Freedom from homeowners' association fees.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017