111 Morro Hills Road
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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$1,385,000
↓ $40K
(2.8%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$1,425,000
↓ $50K
(3.4%) | |
| Price Decreased | |||
| Aug 11, 2026 | Listed by Real Broker | $1,475,000 | |
| Listed by Real Broker | |||
| Oct 16, 2017 | Sold | ||
| Sold | |||
| Jul 10, 2017 | Listed by Berkshire Hathaway HomeService | $799,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Gated single level home in the coveted Morro Hills area. Daily breezes greet you as you enjoy the lush views of the surrounding hilltops and valleys. Floor to ceiling windows grace the entire back of the home enhanced by vaulted ceilings in the living and family rooms. Dual fireplaces add to the ambiance. Three bedrooms and a den/office with its private entrance compose the living spaces of this meticulously maintained home. Solar is owned and included. RV parking, screened Lanai, lovely landscaping. Neighborhoods: Morro Hills Architectural Style: Custom Built View: Custom Built Equipment: Dryer, Washer Other Fees: 0 Sewer: Septic Installed Topography: GSL,SSLP
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017