23 Morton Ave
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Littlefield Real Estate, LLC | $525,000 | |
| Listed by Littlefield Real Estate, LLC | |||
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Located in a nice residential neighborhood on a tree lined side street, this 6 room colonial is a great home for those just starting out or those looking to downsize. This home offers maintenance free vinyl siding, first floor has newer replacement windows, and an inviting farmer's porch. Inside you will be welcomed by a nice foyer, a spacious living room, formal dining room with a bow window, a large eat-in kitchen, and a brand new 3/4 tiled bath with walk-in shower and stackable laundry. The second floor offers 3 bedrooms with ample closets and another full bathroom. Full basement and attic for storage. Partially fenced yard and plenty or room to add patio or deck in back. Off street parking for 4 cars. Close to public transportation, shopping, area restaurants. Minutes to Logan Airport and Boston and area beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017