1610 Morse Street
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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%.
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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 |
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| Jun 2, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by DUX Realty, LLC | $1,849,999 | |
| Listed by DUX Realty, LLC | |||
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Upgraded luxury home – a short walk to River Oaks Shopping Area – on a wide, tree-lined street of only single-family properties. A dramatic two-story entry leads to an open first floor, featuring spacious seating, a beverage center, and both formal and informal dining areas. Kitchen balances design and functionality with Wolf and Sub-Zero appliances. The second-floor entertainment center features surround sound, providing a home theater experience. The spacious primary suite features a luxurious custom closet, an oversized bath with double vanities, a spa shower, a soaking tub, and a full-service laundry. The outdoor living area features a covered veranda, a summer kitchen, and a water feature, surrounded by 20 uplit trees. Home includes a whole-house backup generator, custom-built-in elevator, programmable window shades, Smart Home technology, Milgard windows, 5” white oak floors, 11’ ceilings, and Cambria Quartz—minutes from downtown and the Medical Center.
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| Sep 25, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Compass RE Texas, LLC | $1,499,900 | |
| Listed by Compass RE Texas, LLC | |||
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Situated on an ideal tree-lined street in River Oaks Shopping Area, award winning builder, Silvan Homes, presents 1610 Morse. This thoughtfully designed floor plan blends functionality and style with designer finishes, Wolf and Subzero appliances and smart home technology. The first floor boasts a large island kitchen & living space with a formal dining room, breakfast room, study, bar and a dramatic two-story foyer. The large second floor master suite includes room for a sitting, spa bath with separate soaking tub & shower and a large custom closet. Additional bedrooms and game/flex room are all located on the second floor. The outdoor entertaining area features a covered veranda with summer kitchen and a privacy fenced back yard. Other features include Milgard windows, 5’’ white oak flooring, 11’ ceilings, Cambria Quartz counters and elevator capable closets. Centrally located to the Galleria, The Med Center and Downtown and walking distance to River Oaks Shopping Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017