300 Murchison Drive #302
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%.
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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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Dec 30, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$960,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Nov 16, 2024 | Relisted | $980,000 | |
| Relisted | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2025
|
2 Bed
|
2 Bath
|
1052 ft²
|
$980,000
2 Bed
2 Bath
1052 ft²
|
$965,000
-1.53%
06/20/2025
|
Mattie Wei
RE/MAX Accord
| |
|
12/04/2024
|
1 Bed
|
1 Bath
|
734 ft²
|
$652,500
1 Bed
1 Bath
734 ft²
|
$652,500
02/12/2025
|
Maxine Dumas
Dumas & Company
| |
|
10/24/2024
|
2 Bed
|
2 Bath
|
1052 ft²
|
$980,000
2 Bed
2 Bath
1052 ft²
|
$960,000
-2.04%
01/13/2025
|
Kara W Lee
KW Advisors
| |
|
03/31/2024
| |
2 Bed
|
2 Bath
|
1052 ft²
|
$910,000
2 Bed
2 Bath
1052 ft²
|
-
-
|
Disen Cai RE Group
KW Peninsula Estates
|
|
05/07/2022
| |
2 Bed
|
2 Bath
|
1052 ft²
|
$1,050,000
2 Bed
2 Bath
1052 ft²
|
-
-
|
Kara W Lee
KW Advisors
|
|
04/27/2022
|
2 Bed
|
2 Bath
|
1052 ft²
|
$1,050,000
2 Bed
2 Bath
1052 ft²
|
-
-
|
Mattie Wei
RE/MAX Accord
| |
|
04/07/2022
|
2 Bed
|
2 Bath
|
1052 ft²
|
$1,050,000
2 Bed
2 Bath
1052 ft²
|
$1,030,000
-1.90%
05/27/2022
|
Nicholas Miranda
Berkshire Hathaway Home Services California Realty
| |
|
04/01/2021
| |
2 Bed
|
2 Bath
|
1052 ft²
|
$899,000
2 Bed
2 Bath
1052 ft²
|
-
-
|
-
|
|
01/31/2021
|
1 Bed
|
1 Bath
|
734 ft²
|
$639,000
1 Bed
1 Bath
734 ft²
|
$685,000
+7.20%
02/12/2021
|
Fay Du
Bay1st Realty & Mortgage Inc
| |
|
10/11/2019
|
1 Bed
|
1 Bath
|
734 ft²
|
$738,000
1 Bed
1 Bath
734 ft²
|
$740,000
+0.27%
11/15/2019
|
Nancy Carlucci
Omarshall, Inc
| |
|
02/15/2019
|
2 Bed
|
2 Bath
|
1052 ft²
|
$949,000
2 Bed
2 Bath
1052 ft²
|
$1,089,000
+14.75%
03/15/2019
|
Ron Popp
Berkshire Hathaway Home Services California Realty
| |
|
11/17/2018
| |
1 Bed
|
1 Bath
|
734 ft²
|
$748,888
1 Bed
1 Bath
734 ft²
|
-
-
|
-
|
|
11/15/2018
|
1 Bed
|
1 Bath
|
734 ft²
|
$718,888
1 Bed
1 Bath
734 ft²
|
$718,888
02/12/2019
|
Anthony Ciardella
Beale Properties
| |
|
09/08/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$999,000
2 Bed
2 Bath
1052 ft²
|
$1,055,000
+5.61%
10/23/2018
|
Jackson Tsai
Jackson Tsai, Broker
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1052 ft²
|
-
2 Bed
2 Bath
1052 ft²
|
-
-
|
-
|
|
08/01/2014
|
1 Bed
|
1 Bath
|
734 ft²
|
$480,000
1 Bed
1 Bath
734 ft²
|
$520,000
+8.33%
08/15/2014
|
Mita Kapadia
RE/MAX Star Properties
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017