122 Purcell Dr
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 |
|---|---|---|---|
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Price Increased |
$1,575,000
↑ $276K
(21.3%) | |
| Price Increased | |||
| May 28, 2025 | Listed | $1,299,000 | |
| Listed | |||
| | |||
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Lagoon-Side Luxury Living | Fully Remodeled Home with Premium Upgrades & 24/7 Security. Step into elegance and serenity in this beautifully remodeled home, perfectly positioned beside a peaceful lagoon where ducks drift by and nature sets the tone for everyday living. Thoughtful design, high-end finishes, and an unbeatable location await -just steps from an award-winning, top-rated school directly across the street. The designer kitchen boasts a professional-grade Viking stove, custom cabinetry, and sleek modern finishes. Spa-inspired bathrooms have been fully upgraded, and new premium flooring extends throughout the home. A charming private patio is ideal for morning coffee or evening entertaining, and a short, scenic stroll leads to a walking and biking trail with sweeping coastal SF City views. The HOA covers roof maintenance and exterior painting, landscaping and exterior upkeep, a resort-style heated pool and hot tub, and 24/7 roaming security patrols. Contingent accepting backup offers ! Great opportunity to get in as a backup. Home still available to show.
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| Dec 5, 2018 | Sold | ||
| Sold | |||
| Oct 29, 2018 | Listed by The GRUBB Company | $995,000 | |
| Listed by The GRUBB Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017