2143 Hill Trail Drive
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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Dec 1, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by Crye-Leike Premier Real Estate, LLC | $325,000 | |
| Listed by Crye-Leike Premier Real Estate, LLC | |||
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Discover this well-maintained 3-bedroom, 2-bath home conveniently located in a quiet, established neighborhood in Morristown. The home offers a comfortable layout with a spacious kitchen that opens to a relaxing screened-in porch — the perfect spot to enjoy your morning coffee while overlooking the backyard and above-ground pool. This property has seen many updates over the past few years, ensuring peace of mind and modern comfort. Such as roof is 3 yrs old, HVAC 4 yrs old, and Pool has new plumbing, filter, and motor install this summer. Its central location provides easy access to shopping, dining, schools, and all that Morristown has to offer. Plus, public access to beautiful Cherokee Lake is just minutes away, ideal for boating and recreation enthusiasts. A 1-year home warranty will be provided by the listing agent upon the successful close of the property. Don't miss your opportunity to make this move-in-ready home yours — call today to schedule your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017