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110 Morgan Drive
About This Property
Welcome to 110 Morgan Drive, an exceptional homesite located in the highly desirable Morgan's Landing community. Surrounded by beautiful custom homes, this lake-access neighborhood offers an outstanding opportunity to build the home you've always envisioned in one of the area's most sought-after settings.
Enjoy the charm of a single-street community with a peaceful atmosphere, scenic lake views, and quality new construction throughout the neighborhood. Conveniently located near highly rated schools, shopping, dining, and entertainment, including Great Wolf Lodge, this property combines privacy with everyday convenience.
Whether you're ready to build now or invest for the future, this lot offers the perfect canvas for a custom home tailored to your lifestyle. Bring your own builder and create a residence that complements the elegance and character of Morgan's Landing.
Don't miss this rare opportunity to own a homesite in an established luxury community where quality craftsmanship and timeless design are showcased throughout. Buyer to verify lot dimensions, utilities, HOA requirements, and building guidelines.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Listed by Coldwell Banker Realty | $40,000 | |
| Listed by Coldwell Banker Realty | |||
| May 31, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Coldwell Banker Spinks Brown | $17,900 | |
| Listed by Coldwell Banker Spinks Brown | |||
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This one acre lot in Morgan's Landing is waiting for you to build the perfect home! From the beautifully landscaped entrance to the street lights and sidewalks where you can enjoy a leisurely stroll, Morgan's Landing has features that make living easy! Just minutes from the local elementary school, hospital and newly built shopping center with stores and dining, this location can't be beat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017