11 Morton Street
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 |
|---|---|---|---|
| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 8, 2019 | Listed by Tri Town Associates | $239,777 | |
| Listed by Tri Town Associates | |||
| Mar 4, 2019 | Sold | ||
| Sold | |||
| Jun 17, 2016 | Sold | ||
| Sold | |||
| Jan 2, 2016 | Listed by Pelletier Realty, Inc. | $224,900 | |
| Listed by Pelletier Realty, Inc. | |||
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Move in Condition ! This home has been renovated and offers an open floor plan along with central air. There is more space on 2nd floor which could be finished for more living area. The exterior features fenced yard and garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017