16 Morway 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 |
|---|---|---|---|
| Oct 6, 2015 | Sold | ||
| Sold | |||
| Jun 17, 2015 | Listed by Berkshire Hathaway HomeServices Verani Realty | $344,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
| | |||
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Hey Guys, this is your dream garage with a large colonial as a bonus! Located at the end of a cul-de-sac in nice residential neighborhood with plenty of parking for your toys! Excellent floor plan with living room, dining room, huge family room, awesome kitchen w/breakfast room, 1st fl bedroom, office or 1st fl laundry room and a 4 season room off the breakfast room. 2nd floor boast 3 huge bedrooms and full bath Lower level is perfect for Man-cave or in-law /guest setup! It's own entrance to a living room w/wet bar, large bedroom, 3/4 bath and laundry. Car enthusiasts or buyers looking for multiple garage parking - this is it! 2 car under and 2 car heated detached garages. Tons of room for RV parking, small greenhouse, shed! Don't miss it!
| |||
| May 10, 2015 | Listed by Berkshire Hathaway HomeServices Verani Realty | $344,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
| Jul 1, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017