116 Morgan 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%.
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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 21, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed | $389,000 | |
| Listed | |||
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Looking for room to spread out and enjoy the summer? This classic 1937 Colonial is ideally located in the Holyoke Highlands and offers the best of both worlds.... city amenities plus a double lot with room for gardening, play space & more! The main level features a classic entry hall, an oversized front to back living room, a formal dining room, a newly added full bath; all with hardwood floors. The fully applianced kitchen has a convenient mudroom leading to a covered rear porch overlooking the fenced yard. Upstairs are 4 spacious bedrooms, all with closets & gleaming hardwood floors plus a 2nd full bath. The huge walkup attic is great for storage! Part of the 1/2 acre is a separate lot with 70 feet of frontage & 160 feet of depth, which provides potential development options for the next owner (buyer to verify.) The lower level offers more storage plus convenient access to the driveway. Updates include a newer roof, 200 amp electric panel & service, water heater and basement windows
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| Jun 6, 2017 | Sold | ||
| Sold | |||
| May 3, 2017 | Listed by Century 21 Hometown Associates | $199,900 | |
| Listed by Century 21 Hometown Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017