15 Morris Drive
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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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed by Douglas Elliman Real Estate | $1,238,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Introducing a Beautiful & Bright Expanded Split in the Birchwood Section of Syosset. Showcasing approx. 1800 square feet of move in ready living space overlooking an amazing 1/4 acre property. The Expanded Eat in Kitchen has gas cooking, plenty of storage & stainless steel appliances w/ access to the private backyard. Warm and inviting, this home has an open concept design that allows the natural light to stream through the South Facing kitchen into the dining room. This home showcases an open concept living throughout the interior entry level. The ground level walk-in offers a spacious family room with fireplace. Primary bedroom with ensuite bath & walk in closet, two additional bedrooms and full bathroom. Two car attached garage, Den with Outside Entrance & Powder Room, basement w/ plenty of storage, which incudes laundry/utilities. Additional features: Deck Overview of The Backyard, Central AC, Gas heating, vinyl fencing, outdoor lighting, and upgraded landscaping.
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| Apr 5, 2017 | Sold | ||
| Sold | |||
| Feb 7, 2017 | Listed by Keller Williams Realty Greater | $648,000 | |
| Listed by Keller Williams Realty Greater | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017