1 Morningside Dr
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Cameron Real Estate Group | $799,900 | |
| Listed by Cameron Real Estate Group | |||
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Welcome to this charming 3-bed, 2-bath home on a prime corner lot! Enjoy the convenience of single-floor living with the addition of extra space in the large finished basement. The spacious, bright living area flows seamlessly into the dining room, perfect for entertaining. The kitchen overlooks the living and dining areas, creating a warm and connected space for gatherings. The eat-in kitchen boasts its own cozy fireplace, making it an inviting space for meals. The finished basement features new flooring, fresh paint and offers an additional fireplace, ideal for a game room, home theater, or additional living space. Step outside to a large deck overlooking a backyard oasis with lush landscaping and a sparkling inground pool—perfect for summer fun and relaxation. Located in a highly desirable neighborhood, you'll be close to restaurants, shops, schools, hospitals, and 95. This home also offers ample driveway parking and a well-maintained exterior. Your dream home awaits—don’t miss out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017