1744 MORNINGSIDE Drive
About This Property
Retreat to the luxurious master suite, complete with a spa-like ensuite shower, dual vanities, and a spacious walk-in closet. Step outside to enjoy a large, backyard perfect for relaxing or entertaining. And don't forget the 2-car attached garage with brand new door-ideal for extra storage or your favorite hobbies! This is more than just a home; it's a lifestyle upgrade waiting for you! Everything in the home is brand new including roof, HVAC, water heater, kitchen & appliances, bathrooms, flooring, interior & exterior paint. Nothing left untouched. Book your showing today. Consider using our preferred lender to take advantage of special rate buydown options, lower closing costs, and exclusive financing benefits.
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Price Decreased |
$335,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Nov 8, 2024 | Listed by PURSUIT REAL ESTATE, LLC | $340,000 | |
| Listed by PURSUIT REAL ESTATE, LLC | |||
| Oct 3, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017