1152 MORTON Court
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 |
|---|---|---|---|
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Listed | $4,200,000 | |
| Listed | |||
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Square Footage (buyer to verify) Main Home = 2,195 sq ft, ADU = 364 sq ft, Garage = 441 sq ft This home was nicely renovated with 9ft high ceilings, an open floor plan, hardwood floors, and an abundance of light, perfect for today's buyers. In addition, there is a newer cottage (ADU) with full bath that is ideal for an office, workout gym, or separate bedroom for guests. Solar panels are owned. The location is peaceful and nestled between downtowns Los Altos (about 1 mile) and Mountain View (about a mile and half), with easy access to major employers, transportation and recreational opportunities. Great schools too including Los Altos High School.
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| Apr 11, 2014 | Sold | ||
| Sold | |||
| Mar 6, 2014 | Listed by Keller Williams Thrive | $1,695,000 | |
| Listed by Keller Williams Thrive | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017