1307 W Morrell Street
About This Property
Charming 3-Bedroom Home in a Prime Location!
Welcome to your dream home just south of the heart of town! This beautifully updated 3-bedroom, 1.5-bath residence offers modern comforts and classic charm. Enjoy cozy evenings by the fireplace in the spacious living room, or unwind in the three-season room overlooking the partially fenced backyard.
Step into a modern kitchen featuring brand-new stainless steel appliances and sleek, all-new flooring throughout the home. With updated electrical and a brand-new A/C unit, this home is move-in ready.
Additional features include a two-car garage and proximity to Cascade Park, perfect for outdoor activities and relaxation. Don't miss out on this gem in an established neighborhood - schedule your viewing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017