1826 Morfontaine Way
About This Property
Step outside to your private oasis, featuring a sparkling pool and an outdoor BBQ area equipped with a kegerator, television and fire pit-ideal for summer gatherings and watching your favorite games. The home also boasts energy-efficient solar panels, helping you save on utility costs while enjoying a sustainable lifestyle.
With the flexibility to easily convert a part of the layout into a fourth bedroom, this home adapts to your needs, whether you require a home office, guest suite, or playroom.
Located in a family-friendly neighborhood with top-rated schools, parks, and convenient access to shopping and dining, this home truly has it all. Don't miss the opportunity to make it yours, because this home will not last long!
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Cap Rate Calculator
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 27, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by RE/MAX New Dimension | $949,000 | |
| Listed by RE/MAX New Dimension | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017