20 Morrison Road
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 |
|---|---|---|---|
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Nov 3, 2017 | Listed by Amy Spring Realty LLC | $599,900 | |
| Listed by Amy Spring Realty LLC | |||
| Jun 14, 2017 | Listed by Amy Spring Realty, LLC | $599,900 | |
| Listed by Amy Spring Realty, LLC | |||
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YOU ARE IN LUCK! The proud owner of this property has adjusted the price once again to below-appraised-value. This means you have the opportunity to reside in your own retreat surrounded by 12 acres of luxurious nature with the pool already in place PLUS you have the additional building included at no extra cost; with workshop, 2 large garage bays and a second floor bonus room with heat and power. Quick closing possible, or the possibility of a contingency sale. ***Those of you who have toured this property in person know that, even on a dreary day, there seems to be a feeling of warmth and light. The lower level of the main house offers several rooms to be able to get away to. It is not new construction, but it has been loved by two families, and it shows. Updates include 2 new central a/c units, new hot water heater, exterior stained and some interior painting just to freshen up. Easy to show!
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| Oct 18, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017