23 4th Street
About This Property
Step inside to find gleaming hardwood floors throughout and a cozy step-down living room that adds a touch of character. The eat-in kitchen is ideal for casual meals, while the separate dining room provides the perfect setting for family gatherings and entertaining guests. A full, unfinished basement offers ample storage or the opportunity to create additional living space to suit your needs.
Outside, enjoy the expansive yard with plenty of room for outdoor activities, gardening, or future expansion. Whether you're looking to settle into a peaceful, established community or seeking a weekend retreat with easy Hamptons access, this property offers tremendous value and opportunity.
Don't miss your chance to own a piece of Moriches charm!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Coldwell Banker M&D Good Life | $525,000 | |
| Listed by Coldwell Banker M&D Good Life | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017