24 Morgan 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 |
|---|---|---|---|
| Jun 23, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by Bushari Group Real Estate | $795,000 | |
| Listed by Bushari Group Real Estate | |||
| Nov 17, 2016 | Sold | ||
| Sold | |||
| Sep 21, 2016 | Listed by William Raveis R.E. & Home Services | $650,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Spectacular 2013 center entrance colonial located on the Wakefield/Melrose line! Boasting an entertaining open floor plan, the large kitchen features cherry cabinets, granite counters, stainless appliances, a six- foot island and overlooks both living and dining room! The living room features a gas fireplace and hardwood floors throughout. Not only does the dining area hold a 10+ person table, it leads directly out to the patio and yard. With a playroom or formal dining room, ½ bath and office on the main living level, you will never need to leave! The second level consists of 2 spacious bedrooms and a luxurious master that features a walk-in closet and master bath with double sinks. In addition to both living levels, there is an unfinished attic capable of an aprox. 300sqft finished space. The lower level also features a garage and accompanying basement with aprox. 300sqft of unfinished space with 12-foot ceilings!
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| Oct 8, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017