2009 Morehead
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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 |
|---|---|---|---|
| Nov 22, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $289,000 | |
| Listed | |||
| | |||
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FLEXIBLE 5 Bedroom - 3 Bathroom SOLID BRICK HOME for only $289,000! A true CLASSIC (MOSTLY ORIGINAL) features Knotty Pine Cabinets (Kitchen) + Knotty Pine Paneling (Dining + Living Room, Entry Foyer); HARDWOOD FLOORS in Living Room + 3 Bedrooms. BONUS: 327 sq ft WORKSHOP (excl from LivableSqFt). UPDATES: WaterHeater, Furnace, Interior Paint (2016); A-C (2014); Roof (2007); Replacement Windows. Many NON-RESIDENTIAL OPTIONS: ChildCare, AdultCare, Home Business (CHECK ZONING for your specific needs).The manager has listed the unit size as 2005 square feet.
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| Jul 14, 2017 | Listed by Your Connection Realty LLC | $264,500 | |
| Listed by Your Connection Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017