18 Morrison Rd W
About This Property
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Leading Edge Real Estate | $799,900 | |
| Listed by Leading Edge Real Estate | |||
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This charming 4-bedroom Colonial home is nestled on a lush, private lot in one of Wakefield's most sought-after neighborhoods on the West Side. Featuring timeless hardwood floors throughout, the inviting living room offers a cozy fireplace, perfect for relaxing evenings. The first floor boasts a full bathroom and a separate home office for added convenience. Step outside to the oversized deck, ideal for entertaining and enjoying the serene surroundings. Upstairs, all four bedrooms are generously sized, ensuring no compromise in comfort or space. Additional living space awaits in the finished basement with fireplace, perfect for media room, playroom, or gym. The home also includes central air, a walk-up attic for extra storage, and a 1-car garage. This property combines classic Colonial charm with modern amenities, offering a perfect blend of comfort and elegance in a premier location. Enjoy the beauty of Lake Q,trendy restaurants downtown! All this & close proximity to train & highway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017