16327 Morgan Willow Lane
About This Property
The open-concept layout is filled with natural light and flows seamlessly between the living, dining, and kitchen areas, ideal for both daily living and entertaining. Neutral finishes and well-sized rooms provide a clean canvas with room for light cosmetic upgrades.
Bedrooms are privately situated and comfortably sized, while durable vinyl flooring anchors the main living spaces. The functional backyard offers flexibility for relaxing, hosting, or future enhancements.
Perfect for first-time buyers, downsizers, or investors, this move-in-ready home delivers location, comfort, and upside potential rarely found at this price point.
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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 1, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by SKW Realty | $310,000 | |
| Listed by SKW Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017