2299 Morrison Ave
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2022 | No longer available | - | |
| No longer available | |||
| Sep 8, 2022 | Listed by RE/MAX Lifestyles | $469,900 | |
| Listed by RE/MAX Lifestyles | |||
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Beautifully maintained spilt-level home in a highly desirable area of Union. Built in 1966, with only one owner since then, this quiet and private property boasts so many features and updates throughout. First floor features a large living room and formal dining room with an over-sized eat-in kitchen. Ground level features a half bath and a family room with bamboo flooring and sliders leading to the beautiful patio area- perfect for entertaining! Upstairs are three nicely-sized bedrooms with ample closet space and a full bathroom. Partially basement with utilities and laundry. New 50-year warranty roof done in 2020, tastefully designed patio area with built-in seating, fully fenced-in backyard with vinyl 6ft fence, path lights with timer, and much, much more! Bring your vision and convert this home into the dream home you have been searching for!
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| Sep 3, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017