310 Murphy Court
About This Property
to the high school , a 5 minute walk to the beach, and easy walking distance to downtown (http://www.sjcity.com/visitors-guide). Close to parks, churches, shopping, restaurants, and premier golf course (http://www.harborshoresgolf.com/). Interior showcases beautiful hardwood floors throughout, solid marble fireplace with gas log, main floor master suite with walk-in closet, cheery sunroom with access to backyard patio where you will enjoy beautifully landscaped gardens. Flat roof provides 15' x 35' additional potential outdoor living space (rooftop sunset patio). New roof in 2012, waterproofed basement, 200 amp service, updated plumbing. Home warranty included.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017