2327 Morro Rd
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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 14, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | Listed by Team Z Realty | $849,000 | |
| Listed by Team Z Realty | |||
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Welcome Home! Nestled in this serene community, your new home offers a blend of comfort and luxury. This charming residence features 3 spacious bedrooms, each offering ample natural light and closet space with 2 well-appointed bathrooms, designed for convenience and comfort. A craft room or office room off the master bedroom offers flexibility for work or hobbies or even a 4th bedroom. Enjoy the luxury of two large living areas, perfect for relaxing or entertaining guests. A chef's dream kitchen awaits, complete with a large layout and equipped with a butler pantry for additional storage and functionality. This home boasts a generously sized lot, providing plenty of space for children to play and outdoor activities ensuring a family-friendly environment.. A beautiful pool adds a touch of resort-style living, perfect for warm California days. A dedicated workout space adjacent to the garage caters to fitness enthusiasts. Your new home combines practical living with luxurious amenities, offering a peaceful retreat while being close to essential amenities and schools. Don't miss the opportunity to make this your ideal family home for years to come.
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| Apr 9, 2015 | Sold | ||
| Sold | |||
| Oct 24, 2014 | Listed by Willis Allen Real Estate | $429,000 | |
| Listed by Willis Allen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017