48 Murray Avenue
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Price Decreased |
$278,000
↓ $17K
(5.8%) | |
| Price Decreased | |||
| Aug 25, 2025 | Listed by Keller Williams Realty | $295,000 | |
| Listed by Keller Williams Realty | |||
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Adorable three bed 1.5 bath situated on large corner lot in desirable neighborhood. One car garage, updated gas furnace (APO) within 2 years, gas range, updated appliances, large farmer porch, fenced back yard, freshly painted exterior with interior boasting lots of original charm and character, bring your own touches and make this your own. third bedroom has no closet. Open house Sunday 8/24 12-1:30
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| Aug 24, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017