128 Morris Court
About This Property
Project Timeline
The construction phase is already in progress with 5 being finished out currently. Most units in similar subdivisions were sold prior to the completion of the construction phases.
ABOUT THE COMMUNITY!!! The City of McGregor offers walking trails, disc golf and fishing at nearby Amsler Park. Leave from the Amtrak Train Depot for a weekend getaway to Ft Worth or Austin and other destinations.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$185,000
↓ $5K
(2.6%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$189,900
↓ $5K
(2.6%) | |
| Price Decreased | |||
| Apr 7, 2026 | Listed by Axio Real Estate LLC | $195,000 | |
| Listed by Axio Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017