2 Morrison Drive #2
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%.
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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.
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 |
|---|---|---|---|
| May 6, 2016 | Sold | ||
| Sold | |||
| Oct 27, 2015 | Listed by Better Homes and Gardens Real Estate - The Masiello Group | $375,000 | |
| Listed by Better Homes and Gardens Real Estate - The Masiello Group | |||
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Why wait for new construction? be in your new home for the holidays? Luxurious one level living at Nevins. 2 bedroom, 2 full baths, oversized 2 car garage plus FULL unfin. basement. Granite kitchen with open concept to gas fireplaced family room, dining area and breakfast nook. Plus=a formal dining room. And Nevins' $5M clubhouse with indoor pool, exercise room, movie room and more.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/27/2015
|
2 Bed
|
2 Bath
|
1951 ft²
|
$375,000
2 Bed
2 Bath
1951 ft²
|
$379,000
+1.07%
05/06/2016
|
Mark Oswald
Londonderry
| |
|
04/17/2006
|
2 Bed
|
2 Bath
|
1932 ft²
|
$435,000
2 Bed
2 Bath
1932 ft²
|
$425,000
-2.30%
08/28/2007
|
Susan Mesiti
Real Estate Results
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017