1656 Murray Drive
About This Property
There is so much to love in this 3-2 home with wonderful curb appeal. As you enter you will see beautiful refurbished hardwood floors that carry on into the dining room and in the additional bedrooms. The master bedroom is spacious and has room for a sitting area. The living room, den, sunroom and play(flex) room make it perfect for someone who needs space to work from home.
Stepping out of the sunroom, you will find a covered deck with an outdoor fireplace perfect for entertaining. The large backyard also has a fire pit, beautiful landscaping and a storage building. YOU WILL FALL IN LOVE WITH THIS COZY HOME!
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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%.
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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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | Listed by Sunet Group | $305,000 | |
| Listed by Sunet Group | |||
| | |||
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There is so much to love in this 4-2 home. Beyond that, there is a flex (bonus) room. Both AC and roof are replaced recently. As you enter you will see beautiful refurbished hardwood floors that carry on into the dining room and in the additional bedrooms. The master bedroom is spacious and has room for a sitting area. The living room, den, sunroom and play(flex) room make it perfect for someone who needs space to work from home. Stepping out of the sunroom, you will find a covered deck with an outdoor fireplace perfect for entertaining. The large backyard also has a fire pit, beautiful landscaping and a storage building. YOU WILL FALL IN LOVE WITH THIS COZY HOME!
| |||
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Ebby Halliday, REALTORS | $255,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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About Park Groves
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017