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1510 Morgan Road
About This Property
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Cap Rate Calculator
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 5, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2020 | Listed | $529,000 | |
| Listed | |||
| Apr 30, 2007 | Sold | ||
| Sold | |||
| Jan 26, 2006 | Listed by Benton Real Estate Company | $400,000 | |
| Listed by Benton Real Estate Company | |||
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IMMACULATE & BRAND NEW. A steal at this price! What a gorgeous Ranch! All the Bells and Whistles. Wide open floor plan! Custom kitchen with cherry cabinets, granite counter tops, hardwood floors, tile galour, private lot, and so much more...This home is beautiful. Come see for yourself! Never been lived in! Quick closing prefered...
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