1038 Murphy 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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Aug 1, 2021 | No longer available | - | |
| No longer available | |||
| Jul 30, 2021 | Listed by Keller Williams Infinity | $319,900 | |
| Listed by Keller Williams Infinity | |||
| May 18, 2021 | In contract | - | |
| In contract | |||
| May 13, 2021 | Listed by Keller Williams Innovate | $319,900 | |
| Listed by Keller Williams Innovate | |||
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STUNNING Malibu Bay home! Gorgeous NEW hardwood flooring, NEW carpeting, neutral paint, white trim, window blinds and ceiling fans throughout. Covered front porch opens to spacious living room. Separate dining room. Kitchen features all NEW stainless steel appliances, NEW quartz countertops, NEW backsplash, pantry and roomy eating area with sliding door to patio and opens to vaulted family room with large window and fireplace. Upstairs, you will love the huge master suite with abundant closet space and private bath with dual sink vanity and separate shower. 3 amply-sized secondary bedrooms have access to hall bath. Basement features large rec room and FULL bath! Attached garage. Fenced back yard! NEW roof! Just steps to ponds and Volunteer Park. This one is really special! Don't miss it! The manager has listed the unit size as 3312 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017