3021 PHYLLIS Street
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%.
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 |
|---|---|---|---|
| Oct 2, 2025 | Price Decreased |
$149,900
↓ $12K
(7.4%) | |
| Price Decreased | |||
| Aug 23, 2025 | Listed | $161,900 | |
| Listed | |||
| | |||
|
This property presents a rare chance to purchase in sought-after Murray Hill at an attractive price point. The home requires moderate renovations—including roof, windows, flooring, and kitchen cabinetry—with excellent potential to add value. Converting the second closet into an additional bathroom offers a prime opportunity to further maximize returns. Recent updates include: Water Heater (2019), HVAC Units (2021), Supply lines upgraded to CPVC (2011).
Utilities are currently active, and the property was recently vacated by tenants. Situated on an expansive lot with no HOA, this home offers outstanding potential for investors or homeowners looking to customize.
| |||
| Apr 16, 2025 | Price Decreased |
$181,999
↓ $3K
(1.6%) | |
| Price Decreased | |||
| Mar 31, 2025 | Listed | $184,999 | |
| Listed | |||
| | |||
|
Discover this cozy 3-bedroom, 1-bath home, offering cozy living in a fantastic location! Just minutes from Murray Hill's vibrant dining and entertainment scene and close to downtown, this home provides both comfort and convenience. The backyard offers a great space to unwind or entertain. This is a wonderful opportunity to make it your own. Schedule your showing today!
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| Mar 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Jacksonville
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$1,200 /mo
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- 1 Bath
- 600 ft²
$2,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017