12714 MULBERRY LANE
About This Property
This 3-bedroom, 2-bath home sits on a spacious corner lot at the end of a quiet dead-end street, offering privacy and room to spread out. Inside, you'll find a bright, open layout with a large living and dining area, ideal for everyday living and entertaining.
The home is equipped with Ethernet wiring throughout, making it perfect for remote work, streaming, or gaming setups. The primary suite offers additional flexible space that can be used as a sitting area, home office, or private retreat, along with direct access to the backyard.
Step outside to a fully vinyl-fenced yard with plenty of room for pets, play, or future additions like a firepit or garden. Major updates provide peace of mind, including a new septic system and drain field (2026), AC (2022), water heater (2020), and roof (2017).
With its combination of space, functionality, and location, this home is a strong value in today's market and ready for its next owner.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Relisted | $229,999 | |
| Relisted | |||
| Mar 31, 2026 | Price Decreased |
$199,999
↓ $30K
(13%) | |
| Price Decreased | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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About Di Paola
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017