2310 Morgan Ridge Lane
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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%.
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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 |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by CRI Real Estate Services | $210,000 | |
| Listed by CRI Real Estate Services | |||
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Charming one story home in the sought after community of Spring Trails!! Beautiful kitchen with white quartz countertops, large single stainless sink, subway tile & decorative stone backsplash and vaulted kitchenette area with bay window. Spacious and open living/family room. Split floorpan with 2 bedrooms and full bath off living hallway. Primary suite has separate hallway entrance. Custom frameless shower door with DFI Six Shield Protective Glass Coating (master bath) January 2021. NO CARPET, engineered light wood floors throughout the entire home.40 gallon gas water heater with flood stop automatic valve system purchased and installed July 2019 has six year warranty for parts. Rear fence replaced January of 2020. Garage door opener (one side) added May of 2019. Driveway section replaced January 2021. This is a MUST SEE home!!
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| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 8, 2019 | Listed by BHGRE Gary Greene | $200,000 | |
| Listed by BHGRE Gary Greene | |||
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HIGH & DRY - NO FLOODING! CHARMING single story home with 3 spacious bedrooms and 2 baths. Beautiful kitchen with white quartz countertops, subway tile backsplash with tile accent behind stainless stove. Lovely dining area with bay window. Spacious and bright living/family room, master bedroom with en suite bath featuring separate shower, bath tub and walk-in closet. Fully fenced backyard with patio. Recent AC, blinds, front door and Ring doorbell. Walking distance to elementary school as well as close driving distance to the The Woodlands shopping & dining and ExxonMobil campus.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017