151 Morton St
About This Property
Step outside to enjoy the stunning, well-manicured large yard, perfect for outdoor activities and entertaining guests. Back yard extends to Chess St. with stairs to access the lower level. The yard has been leveled and retaining wall recently installed! And, cozy covered back (and front) porches to relax! The home is conveniently situated close to the Monongahela river, offering serene views and easy access for leisurely strolls and recreational activities. A detached garage included with newer garage door, for your car or storage needs! Don't miss this opportunity to own a delightful home in a prime location!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017