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1007 Morrison Avenue
About This Property
Welcome to 1007 Morrison Ave situated on a spacious .28 acre lot, located in the sought after Averill park School district! This home offers 4 bedrooms, 2 full bathrooms, kitchen, dining and living room. This home boasts refinished hardwood floors, fresh paint throughout, vinyl flooring, tiled bathrooms, new kitchen cabinets with quartz counters and a ductless mini split to keep you cool on those hot summer nights! Close to all shops and restaurants in Troy and North Greenbush! All thats left to do is move in - book your showing today!
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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 9, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by Empire Real Estate Firm LLC | $299,999 | |
| Listed by Empire Real Estate Firm LLC | |||
| Jul 11, 2011 | Sold | ||
| Sold | |||
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About Rensselaer
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017