2912 Purdue Drive
About This Property
The inviting living room features a modern electric fireplace, creating a warm and welcoming focal point for relaxing or entertaining. The spacious primary suite offers a private retreat with a walk-in closet and en-suite bath. Two secondary bedrooms are connected by a convenient Jack-and-Jill bathroom, making the layout ideal for families or guests. The converted garage serves as a versatile fourth bedroom complete with its own walk-in closet, but can easily function as a second living area, game room, home office, or flex space to suit your needs. With thoughtful updates, a functional floor plan, and flexible living spaces, this home is ready for its next owner to move in and enjoy.
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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 |
|---|---|---|---|
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$265,000
↓ $24K
(8.3%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$289,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by Ebby Halliday Realtors | $299,000 | |
| Listed by Ebby Halliday Realtors | |||
| May 5, 2026 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017