23 Morgan Cir
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by eRealty Advisors, Inc. | $549,000 | |
| Listed by eRealty Advisors, Inc. | |||
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Modern Living Meets Outdoor Fun! Where contemporary NEW design & outdoor entertainment converge! Step inside to discover an open-concept layout w/sleek stainless-steel appliances & ample storage. The eat-in area features sliders that lead to a Trex deck, perfect for enjoying your morning coffee while overlooking the stunning backyard. Get ready to be wowed by the above-ground pool & hot tub—ideal for hosting unforgettable gatherings! The bright & serene living room, complete with a gas fireplace, is sure to become the heart of your home. First floor also offers a versatile space that can serve as a home office, dining room or bed Rm. along with a convenient 1/2 bath & laundry area. Upstairs, retreat to the primary suite featuring a tray ceiling, ensuite bath, walk-in closet. The 2nd and 3rd bedrooms are generously sized with spacious closets, providing plenty of room for everyone. Need more space? The walk-out lower has potential for a fantastic IN LAW SUITE. 1st Showings @open house.
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| Jun 17, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by eRealty Advisors, Inc. | $490,000 | |
| Listed by eRealty Advisors, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017