Lot 46 Murray Ridge 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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Dream Catcher Realty | $68,000 | |
| Listed by Dream Catcher Realty | |||
| Jul 20, 2024 | Listed by Dream Catcher Realty | $110,000 | |
| Listed by Dream Catcher Realty | |||
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This lot is in the Smoky Cove Subdivision. It has sewer and public water available. Current owner has already had the property surveyed. No hassles about wells, septic permits or number of bedrooms with the Health Department. Use the survey to submit your site plan and go. Please Do NOT text office number
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017