324 Murray Road
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 |
|---|---|---|---|
| Aug 26, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by Heney Realtors - Element Real Estate (Barre) | $300,000 | |
| Listed by Heney Realtors - Element Real Estate (Barre) | |||
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The feeling of seclusion while being five minutes to downtown Montpelier. Located atop the hillside in Berlin, this property features a three bedroom, one bathroom ranch-style home with partially finished basement. Outside you can enjoy bountiful berry bushes, while exploring the 8.95 acres of woods (with many trails abound), landscaped yard, and even a pasture (freshly cut) for all of your homesteading dreams! There's even a detached two-car garage/barn with plenty of storage above for all of the seasonal items, lawn tractors and daily drivers! With a little vision and some cosmetic upgrades, this home could be everything you've been looking for! Recent upgrades include a new roof, furnace, oil tank and hot water heater all replaced within the last few years. This home also had electrical updates within that time. Come see this home for yourself in order to truly appreciate the location and property!
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| Sep 29, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by Heney Realtors/Montpelier | $139,900 | |
| Listed by Heney Realtors/Montpelier | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017