1909 Morgan Street
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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.
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Relisted | $450,000 | |
| Relisted | |||
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Listed by Blue Dahlia Realty | $450,000 | |
| Listed by Blue Dahlia Realty | |||
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Unique, three-story artist's loft with views of downtown now available in Montrose. Hand finished woodwork, exposed beam ceilings, and artisan flooring make this home special. The bedrooms are upstairs, the laundry and half bath at ground level, and the mid-floor open kitchen, living and dining room are framed with a bank of floor-to-ceiling windows that look out at the skyline. Like a tree house, the two large 21X10 patios sit high amongst the treetops for fresh air and an outdoor coffee, or al fresco dining, on the second and third floors. There are new windows that crank open for more fresh air-on-demand on the second and third floors. A stylish bathroom in black and white subway tiles highlights the third floor and its bedrooms, plus a large 10x5 walk-in closet for both. Secure, an electric, iron paneled gate encloses the 2-car carport from the elements. A must-see property to be appreciated. Come see it!
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About Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017