1219 Morton Avenue
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 |
|---|---|---|---|
| Jun 24, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by Grid 7 Properties | $365,000 | |
| Listed by Grid 7 Properties | |||
| Oct 14, 2020 | No longer available | - | |
| No longer available | |||
| Sep 22, 2020 | Listed | $340,000 | |
| Listed | |||
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Incredible and hidden brick and stone hillside ranch. All of the midcentury charms are still intact. Part of Elgin that is accessible to everything but tucked away in an area that seems like you live in the woods! Immediate walking access to the river, bike trail, I90, the gorgeous Math and Science Academy Charter School, and public transportation. Massive Oak and Walnut trees are perfectly placed in the yard providing beautiful scenery and shade. Have coffee in your new screened in porch! Don't miss the opportunity to see this amazing 3 bed 2 bath home that will not last on the market. The manager has listed the unit size as 1883 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017