17442 Morgans Lake Drive
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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 |
|---|---|---|---|
| Feb 5, 2024 | No longer available | - | |
| No longer available | |||
| Jan 29, 2024 | Listed by JLA Realty | $547,900 | |
| Listed by JLA Realty | |||
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As you arrive to this lovely home you will see a Huge Beautiful Pond and green space with lots of trees to the left of the home, WATER VIEWS from the front of the home, home office, dining room, kitchen and the backyard left side! There is a Beautiful TALL front door and on entry immediately to the left the home office has TALL double doors! Large windows throughout the home with beautiful views. GIANT Covered Patio perfect for outdoor entertaining! Island Kitchen counter with seating in addition to the breakfast area! and Butler’s Pantry! 5 burner gas stove! Large walk-in closets! Plantation shutters! Bridgeland has 250 miles of trails and 900 acres of lakes, superb activity center, a lazy river! Several nearby Golf courses and dining! Excellent Schools!
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| Oct 21, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by Keller Williams RealtyNortheast | $499,000 | |
| Listed by Keller Williams RealtyNortheast | |||
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Peace and serenity await you at this stunning single-story in the coveted Bridgeland community! Nestled on a quiet CUL DE SAC with no left side neighbors & a peaceful POND VIEW from the study, the location doesn't disappoint. Step into luxury & experience soaring ceilings, gorgeous OAK LVP throughout the whole home, fresh light & bright paint, & high-end PLANTATION SHUTTERS throughout! Separate STUDY, formal dining/flex room, and a charming brick fireplace for those chilly nights. The spacious granite kitchen boasts of an oversized island, BUTLER'S PANTRY, 5-burner gas cooktop! Oversized master suite overlooks the quaint backyard w/ a bathroom that boasts of custom built-ins & display cabinetry, a large soaking tub, luxury shower, and large walk-in closet! Fresh landscaping & an oversized covered patio await you outside. Bridgeland boasts of 900-acres of lakes & waterways, 250 miles of trails, resort-style activity centers, a lazy river, highly-rated schools, dining, shopping & more!
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| Jan 15, 2019 | Sold | ||
| Sold | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017