31051 Durham Drive
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 |
|---|---|---|---|
| Feb 24, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by HPS Real Estate Investments | $439,900 | |
| Listed by HPS Real Estate Investments | |||
| | |||
|
LOOK NO FURTHER ! PRICE REDUCTION ON THIS FANTASTIC TWO STORY HOME WITH 4 BR, 3 BA; 2,801 SQFT. AND A VAULTED CEILING ENTRYWAY. THE RESIDENCE FEATURES A SPLIT LIVING ROOM -FAMILY ROOM SET UP, WITH A BEAUTIFUL, YET PRACTICAL GOURMET KITCHEN, GRANITE COUNTER TOPS, A GORGEOUS KITCHEN ISLE AND A FORMAL DINING ROOM. ONE OF THE BEDROOMS/ BATHROOMS IS DOWNSTAIRS, SO IT OFFERS PRIVACY FOR GUESTS AND IT WON'T INTERFERE WITH THE OWNERS'S DAILY ROUTINES. THIS HOME OFFERS A HIGHLY FUNCTIONAL FLOOR PLAN WITH AN OPEN LOFT (WHICH CAN BE USED AS AN ENTERTAINMENT AREA OR AN OFFICE SPACE), A HALLWAY BALCONY, A MASTER SUITE WITH AN OVER-SIZED WALK-IN CLOSET AS WELL AS AN ATTACHED 3 CAR GARAGE. FURTHERMORE, THE LOCATION IS SIMPLY GREAT BECAUSE IT IS VERY CLOSE TO SCHOOLS, SPORTS PARK, SHOPPING, YOU NAME IT. THE EASY FREEWAY ACCESS FROM THIS GREAT NEIGHBORHOOD IS AN ADDITIONAL PLUS. DON'T MISS OUT ON THIS ONE AND SEE IT TODAY BECAUSE TOMORROW MAYBE TOO LATE !
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About Menifee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017