2335 Morgan Ridge Lane
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 |
|---|---|---|---|
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by Century 21 Top Realty | $270,000 | |
| Listed by Century 21 Top Realty | |||
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*MULTIPLE OFFERS - BEST ANBD HIGHEST BY 3/1 @ NOON* Nestled in the highly desired subdivision of Spring Trails with walking/biking trails and community pools, this gorgeous and rare single story home welcomes you through a beautiful stone entry way. Once through the front door, elegant diagonally laid ceramic tiles provide a formal foyer to a versatile study or flex space. The open kitchen with spacious island and endless countertops provide wonderful space cooking and entertaining. Storage space will never be an issue with a walk-in pantry and floor to ceiling cabinetry. Easily entertain as the kitchen/dining room combo opens to the main gathering and living room featuring soaring ceilings and plenty of windows for bountiful natural light. The master suite situated in the rear of the home allows maximum privacy while providing serene views of the lush backyard. The 5 piece master retreat makes getting ready for the day or relaxing from a busy one a delight.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017