15 Morningside Ave
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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Dec 23, 2024 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Price Decreased |
$225,000
↓ $10K
(4.3%) | |
| Price Decreased | |||
| Nov 19, 2024 | Listed | $235,000 | |
| Listed | |||
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Build your NEW dream home on this partially cleared, desirable buildable lot. Located in a quaint well established neighborhood that is close to schools, shopping, and easy access to the highway and new train station. Perc test on file and septic design approved by the Board of Health. Please do not walk property without authorization. Buyer/buyer agent must conduct their own due diligence, verification(s) and research.
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| Aug 1, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017