2016 MORRIS ST
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 |
|---|---|---|---|
| Jan 20, 2024 | No longer available | - | |
| No longer available | |||
| Nov 22, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by homecoin.com | $149,900 | |
| Listed by homecoin.com | |||
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Cute little cozy home. Located on a dead-end street by I94 and 127 making it very convenient for commuters or traveling. Current homeowner took great care of this home and is ready for the next person to make it their own. This home has an adorable kitchen and bathroom with granite counter tops in both and beautiful slate flooring in the bathroom. The outside has a wonderfully lit patio with a fenced in yard for everyone to enjoy! Also, included on the property is a gardening and utility shed. The utility shed is partially insulated with a loft and electricity. Don’t miss out on this wonderful home. The manager has listed the unit size as 780 square feet.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Aug 17, 2021 | Listed by SPROAT REALTY PROFESSIONALS | $120,000 | |
| Listed by SPROAT REALTY PROFESSIONALS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017