1438 Morris 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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | Listed by Michals Realty, Inc | $248,000 | |
| Listed by Michals Realty, Inc | |||
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LOOK NO FURTHER.... charming brick ranch with great layout! Enjoy the spacious, well-lit living room and its cozy atmosphere that will accommodate family and friends. The kitchen has new appliances, modern plank flooring, and space for a kitchen table. Easy flow to the nice-sized bedrooms and bathroom with tub. Hardwood flooring throughout living room and bedrooms. Full basement is equipped with a premium interior draintile system from U.S. Waterproofing, partially finished family room, laundry/utility room, and additional bonus room. Situated on a deep lot that has side-drive to 2 car garage, 2nd backyard with a privacy fence on 2 sides. Longtime neighbors will be missed along with the lovely neighborhood. Walking distance to the park and close proximity to expressways, grocery stores, and O'hare. Well-maintained and ready for your decorating ideas.
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| Nov 16, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by Compass | $189,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017