1116 MORGANS TREASURE Road
About This Property
From the moment you arrive, you will love the curb appeal with fresh landscaping, a welcoming entry, and a modern exterior sets the tone for what's inside. Step through the front door to find a bright, open-concept floor plan filled with natural light. The spacious living area flows seamlessly into a well-appointed kitchen with ample cabinetry and prep space-perfect for everyday living and entertaining. Enter from garage to mud room with stop 'n drop cabinet plus laundry. Upstairs, a versatile loft area provides extra space ideal for workouts, office, or playroom. The first floor primary suite is a peaceful retreat with an en-suite bath that includes dual sinks and shower plus walk in closet. Three additional upstairs bedrooms offer generous space for family, guests, or flex space. Outside, the preserved backyard is ready to enjoy relaxing on your screened in porch, gardening, or entertaining. This home is truly move-in ready and perfect for anyone seeking a balance of modern living and location. Whether you're commuting, exploring the coast, or enjoying a quiet night in, this home puts you right where you want to be. There are no rental restrictions in this HOA.
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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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 5, 2025 | Price Decreased |
$399,900
↓ $9K
(2.2%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$409,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$414,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Johns
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$2,675 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017