1315 Morado Street
About This Property
This home includes low-maintenance features such as a durable metal roof, vinyl siding, with a half brick exterior that lends to a clean, crisp appearance. The open-concept living room, kitchen, and dining area create a comfortable space for entertaining and family gatherings.
The front yard is graced with large trees, providing shade and curb appeal complemented by a welcoming front porch. Convenient alley access leads to a covered carport, offering additional space for an RV or boat.
Experience comfort, convenience, and charm in this inviting home, ideally located near shopping, restaurants, schools, and Graham's Downtown Square.
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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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by United Real Estate | $229,900 | |
| Listed by United Real Estate | |||
| Jul 13, 2017 | Listed | $119,000 | |
| Listed | |||
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This immaculately maintained home is located in a great Graham neighborhood that is convenient to shopping, schools, and downtown Graham. It has three bedrooms and a bathroom in the front of the home and an additional Master Bedroom Suite in the back. The free standing fireplace isn't used now, but could be used with ease. The landscaped backyard with sprinkler system has a large covered porch in a fenced area for privacy. The double carport is easily accessed with a rear entry from the large back alley . The back of the property has a storage building and greenhouse. This one won't be on the market long! The manager has listed the unit size as 2052 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017