2308 Morse Street
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 25, 2022 | Sold | ||
| Sold | |||
| Jan 29, 2022 | Listed by Coldwell Banker Realty | $1,199,000 | |
| Listed by Coldwell Banker Realty | |||
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The dramatic wrought iron front entry hints at the upscale finishes found throughout this incredible Mediterranean style home. Featuring master suite down, formal living and dining rooms, game room, breakfast area and professional series appliances in the gourmet kitchen. The spacious den with cathedral ceiling overlooks the covered patio and outdoor kitchen. The upstairs offers three large bedrooms plus a huge game room and a custom built-in computer work station situated in the loft area. Travertine stone flooring is found throughout the first floor common areas with custom hardwood cabinets, wine refrigerator, granite counter tops, full extension drawer slides, tumbled marble backsplash and pantry with built-in spice rack in the kitchen. Additional features include engineered foundation, dual 40 gallon hot water heaters, dual pane windows, radiant barrier roof decking and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017