14401 Morgan Drive
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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%.
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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 |
|---|---|---|---|
| Oct 28, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by Realty Executives | $170,000 | |
| Listed by Realty Executives | |||
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Quaint confortable , great starter , clean home, with minimal updating required. Large family room with a brick fireplace. Open concept living, dining and kitchen area. Ample bedrooms with washer dryer area in the garage. Covered patio in the back. Lot with no restrictions to add on or park your vehicles or equipment, conveniently located close to Valley Ranch Town Center. Why not make this your home?.
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| Jul 6, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by Designed Realty Group | $135,000 | |
| Listed by Designed Realty Group | |||
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Great bones, great price and great location! If you are handy, this home needs just a bit of updating to make it your own! Brand new AC/furnace just installed! Large family room with brick wood burning fireplace will keep this entire home cozy in the winter. Kitchen has newer oven and cooktop and open to family room. Refrigerator included! Dining room open to family room as well. TWO bedrooms that are nice sized and ONE bath. NO RESTRICTIONS so plenty of space to add on if you would like to! Spacious two car garage with utility sources in garage. New covered back patio. Close to schools and Valley Ranch Town Center.
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About Splendora Farms
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Last Updated: 4 months ago
Data Source: HAR , MLS# 71951647
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017