40
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120 Neterland ST
About This Property
Inside, the open-concept kitchen flows seamlessly into the living and dining areas, all bathed in natural light that enhances the home's warm and inviting feel. The primary bedroom is conveniently located on the main floor, while upstairs you'll find a large game room surrounded by the secondary bedrooms-ideal for family life or visiting guests.
As a resident of Morningstar, you'll enjoy access to top-notch community amenities, including two resort-style pools, four scenic hiking trails, equestrian trails, a splash pad, and a dog park-offering something for everyone in the household to love. This home combines modern living with outdoor adventure, all in one incredible location.
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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 |
|---|---|---|---|
| May 11, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed by Keller Williams Realty | $375,000 | |
| Listed by Keller Williams Realty | |||
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About Williamson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017