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21 Morris Road
About This Property
Move right into this meticulously maintained and incredibly spacious 3-bedroom, 3-full-bath Cape Cod-style home, offering room for everyone and everything. The main level features a welcoming living room, formal dining room, updated kitchen, three generously sized bedrooms, two full bathrooms, and a large great room with soaring ceilings that opens onto an expansive deck-ideal for entertaining.
Upstairs, you'll find a large bonus room, walk-in closet, and convenient laundry area, offering flexible space for a home office, playroom, gym or guest suite.
The lower level adds an additional 498 sq. ft. of finished living space, complete with a full bath, kitchen, and private entrance-perfect for a mother/daughter setup. Plus, there's an additional 382 sq. ft. of finished storage space in the basement.
Set on nearly an acre of beautifully landscaped grounds with a level, private backyard, paved driveway, and a large shed, this property offers exceptional space, privacy, and versatility.
Don't miss this rare opportunity to own a move-in-ready home with endless possibilities!
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017