2 Morgan Ave
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 |
|---|---|---|---|
| Mar 28, 2008 | Sold | ||
| Sold | |||
| Mar 5, 2007 | Listed by RE/MAX On The River, Inc. | $419,900 | |
| Listed by RE/MAX On The River, Inc. | |||
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A GREAT FLOOR PLAN and many interesting features in this New Construction, 4 bedroom, 2 1/2 bath home. The amenities are those you'd expect to see in a much more expensive home. Two gas fireplaces (one in the master bedroom), crown molding, tray ceilings, granite counters, and hardwood flooring. Near Salisbury center. A rare opportunity to own a fine new home for $459,900.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017