320 Moray Drive
About This Property
The gourmet kitchen opens to the main living areas, creating a great space for entertaining. Enjoy Florida living year-round from the covered porch overlooking the fully fenced backyard.
Additional features include a brand-new roof and home warranty for added peace of mind. Low HOA includes cable, internet, community pool, playground, and gated entrance. Seller offering preferred lender incentives. Motivated seller--schedule your private showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Price Decreased |
$420,000
↓ $30K
(6.7%) | |
| Price Decreased | |||
| Nov 28, 2025 | Price Decreased |
$450,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Sep 26, 2025 | Listed by Arium Real Estate, LLC | $460,000 | |
| Listed by Arium Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017