11 Morgan Place
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 |
|---|---|---|---|
| Mar 17, 2015 | Sold | ||
| Sold | |||
| Jan 22, 2015 | Listed by Gibson Sotheby's International Realty | $639,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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New Construction in 2013, 3 Bedroom, 2.5 Bath Cape Located in the Heart of Nonantum Village. Completely Rebuilt from Foundation Up after a fire destroyed the original structure. Originally 2 family so the home has a 9-11 address. 1500+ Sq. Ft. of living space not including the basement area which can be easily finished to include another 400+ Sq. Ft. Features Large Open First Floor Living w/Hardwood Floors, Stainless Appliances, 1st Floor 1/2 Bath w/Laundry and First Floor Master Bedroom w/Full Bath. 2 Generous size Bedrooms on the 2nd Level with a Full Bath. 2 Unfinished Bonus Areas off each Bedroom which can be Finished as Office Space/Workout Room. Within Walking Distance to Lincoln-Elliot Elementary, Public Transportation, Watertown Sq. & Newton Corner. Easy Access to Mass. Pike and Major Routes. Walk up to (Rt 16) Watertown St., Enjoy the many Shops, Restaurants and Activities this Quaint Village has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017