209 Morton Street
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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Price Decreased |
$405,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Apr 26, 2025 | Price Decreased |
$420,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed | $440,000 | |
| Listed | |||
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Step into a warm embrace of this delightful 6 room residence with 4 cozy bedrooms and 1.5 well appointed baths. Immerse yourself in the timeless elegance of lustrous hardwood floors that seamlessly flow throughout the open floor plan. This home, six years young, offers the perfect blend of comfort and style. Prepare feasts with ease in the generously sized kitchen adorned with modern fixtures and stainless steel appliances. Each bedroom is a haven of tranquility, providing serene space for rest and relaxation. Step outside to the wooden deck and private backyard, an ideal setting for gatherings and outdoor living. Central air and gas heat. All this nestled within a friendly and vibrant community and located on a private street. All hardwood flooring in the home has been newly refinished and upgraded. Close to shopping, highways and schools. Seller to pay up to $5,000 towards buyers closing costs and prepaids.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017