1842 Morfontaine Way
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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | Listed by COLDWELL BANKER REALTY | $1,050,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Welcome to this stunning single-story, 5-bedroom residence nestled in the prestigious Eagle Glen community. As you step inside, natural light floods through the windows, illuminating the elegant formal living room adorned with tasteful architectural wall decor. The open floorplan effortlessly connects the formal living and dining areas to the family room, boasting wide doorways for seamless transitions. Currently utilized as an office, the dining room offers versatility and could easily be converted into a suite alongside the adjacent bedroom and 3/4 bath in the front wing of the home. The family room features a cozy fireplace and expansive picture windows, flowing into the well-appointed kitchen which boasts an island, ample countertop space, and abundant cabinetry. A conveniently located laundry room adds to the home's practical layout. Step through the sliding glass door to discover the backyard oasis, complete with a spacious covered patio featuring ceiling fans, perfect for alfresco dining. The sparkling pool and spa beckon for gatherings and relaxation, creating an ideal setting for entertaining friends and family. Off a central hallway, four additional bedrooms await, including the luxurious primary suite. This oversized retreat showcases custom wall decor and offers direct access to the pool and spa through another sliding glass door. The recently remodeled ensuite bathroom is a sanctuary with a walk-in shower featuring dual shower heads and bench seating. Completing the layout, three guest bedrooms share a stylishly appointed guest bathroom with a charming barn door for added character and functionality. Make an appointment to view this impressive home today!
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| Oct 21, 2019 | Sold | ||
| Sold | |||
| Sep 22, 2019 | No longer available | - | |
| No longer available | |||
| Sep 20, 2019 | Listed by Keller Williams Realty | $619,900 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017