0 HWY 62 _ MORGAN
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 21, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | Listed | $599,000 | |
| Listed | |||
| | |||
|
4 Acres zoned commerical! This property is a blank slate and sets just off of I-40 at exit 237 and US 75/62. Area is being developed now! This acreage is cleared, graveled, and ready for commercial development. 2023 ODOT shows 18,600 I-40 traffic count DAILY just before Exit 237. Henryetta is a small thriving community just waiting and welcoming economic growth and development! Call agent for showing and more information. Current survey on land is available.
| |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed | $310,000 | |
| Listed | |||
| | |||
|
LAND! Perfect for developers or someone who wants to build their dream home. 34.15 m/l acres. Located 1.5 miles East of Morris Oklahoma on Highway 62. The property has a preliminary plat set for future home building sites if you want to parcel out and continue the development. There are 12 water meters available for future development in those 2 acre plats and one is currently set near the road (District #20). Whether you envision a serene retreat surrounded by nature or a vibrant community with homes nestled harmoniously, this land offers a canvas for your dreams. With its convenient location, you have easy access to nearby amenities while still enjoying the tranquility of rural living. Picture morning walks by the pond, afternoons spent gardening, or evenings watching the sunset over your expansive property. The potential here is vast, and the opportunity to create something truly special awaits. Don't miss out on the chance to own a piece of this beautiful landscape and turn it into your very own masterpiece.
| |||
| Oct 23, 2024 | Price Decreased |
$88,000
↓ $71K
(44.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017