316 Murray Road
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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.
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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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Aug 29, 2019 | Listed by Real Estate Solutions | $1,160,000 | |
| Listed by Real Estate Solutions | |||
| Jun 14, 2017 | Sold | ||
| Sold | |||
| May 5, 2017 | Sold | ||
| Sold | |||
| Mar 11, 2017 | Listed by Real Estate Solutions | $1,095,000 | |
| Listed by Real Estate Solutions | |||
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CLICK LINK ABOVE FOR FULL 3D WALKING TOUR: This Sam Fisch Development home is the quintessential definition of Mid-Century revival. Located on one of W Palm Beach's most prestigious South End streets, 316 Murray offers the classic 1950's modern architecture that many buyers seek in this area combined with all the modern finishes one desires for today's living. This 4 bedroom 3 ½ bathroom home has been redesigned from the ground up with all new electric & lighting, modern plumbing fixtures, new pool & spa, all impact windows & doors and numerous designer finishes including Restoration Hardware bathroom furniture, custom barn doors in all of the bedrooms, two Stikwood accent walls, available SONOS sound in the family room, bedroom & two outdoor speakers & a massive backyard & CLICK LINK ABOVE FOR FULL 3D WALKING TOUR: This Sam Fisch Development home is the quintessential definition of Mid-Century revival. Located on one of W Palm Beach's most prestigious South End streets, 316 Murray offers the classic 1950's modern architecture that many buyers seek in this area combined with all the modern finishes one desires for today's living. This 4 bedroom 3 ½ bathroom home has been redesigned from the ground up with all new electric & lighting, modern plumbing fixtures, new pool & spa, all impact windows & doors and numerous designer finishes including Restoration Hardware bathroom furniture, custom barn doors in all of the bedrooms, two Stikwood accent walls, available SONOS sound in the family room, bedroom & two outdoor speakers & a massive backyard &
driveway awning that offers shade from the sun and shelter from the rain. The new master suite addition boasts the closet of HER dreams, the master bathroom of HIS dreams and french doors that open steps away from the pool and hot tub- an indoor/outdoor living concept that is both stylish and spectacular for Florida living. Whether you are looking to entertain guests or seeking a space where you can keep an eye on the children in the pool from nearly every room, 316 Murray offers comfort and ease whatever your plans may be. You will always feel safe and secure with the driveway and perimeter gate, clusia hedge, an ADT security system monitoring each door and window, and five outdoor and two indoor cameras capturing continuous footage of the home. Steps from the Intracoastal Waterway, minutes to Palm Beach International airport, Worth Avenue and Clematis Street, 316 Murray Road is the ideal home for your family and friends to enjoy everything that encapsulates what it means to live in the Palm Beaches.
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About Lakewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017