215 Warren Drive #3
About This Property
The manager has listed the unit size as 1248 square feet.
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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 |
|---|---|---|---|
| Feb 17, 2023 | No longer available | - | |
| No longer available | |||
| Feb 2, 2023 | No longer available | - | |
| No longer available | |||
| Feb 2, 2023 | Listed | $319,000 | |
| Listed | |||
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Five minutes to downtown shops? All paved road access and excellent long range mountain views? Well cared for and spotless cabin in the mountains? YES please! Your search will be over after seeing this lovely 2 bedroom, 2 bath furnished chalet with bonus loft area just on the outskirts of Murphy NC. Cabin offers privacy and a light, bright and cheery great room, stone fireplace, open sun deck and porch for watching the deer, staring at the mountains and star gazing. Storage shed, bonus office space in the loft, murphy bed in the spare bedroom The manager has listed the unit size as 1248 square feet.
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| Jan 5, 2023 | Relisted | $329,900 | |
| Relisted | |||
| Jan 3, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2024
| |
2 Bed
|
2 Bath
|
-
|
$410,000
2 Bed
2 Bath
|
-
-
|
The Dupree Real Estate Group
REMAX Town & Country - Murphy
|
|
10/20/2022
|
2 Bed
|
2 Bath
|
1248 ft²
|
$329,900
2 Bed
2 Bath
1248 ft²
|
-
-
|
Spies & Company
Carolina Mountain Homes
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017