40 Murray Drive
About This Property
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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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | Listed by Alex & Associates Realty | $209,900 | |
| Listed by Alex & Associates Realty | |||
| Apr 16, 2024 | No longer available | - | |
| No longer available | |||
| Feb 28, 2024 | Price Decreased |
$209,900
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Dec 19, 2023 | Listed by keller williams coastal realty | $220,000 | |
| Listed by keller williams coastal realty | |||
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Welcome to this charming corner lot in a country setting on a low traffic area of Tara Estates 55+ community. Enjoy the spacious home that has cathedral ceilings. A bedroom and bathroom at each end of the home for privacy, and a lot of living space in between. Large composite deck off the back, and a large patio deck connecting to the garage. This home has so much to offer! Close to doctors, hospital, shopping and dining, and minutes to the highway for commuting. The manager has listed the unit size as 1680 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017