24111 Morrison 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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | No longer available | - | |
| No longer available | |||
| Feb 27, 2025 | Listed by Real Broker, LLC | $435,000 | |
| Listed by Real Broker, LLC | |||
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Discover this stunning former model home with countless upgrades and meticulous attention to detail! This 4-bedroom beauty is a must see! The open floor plan is perfect for entertaining, with natural light flooding through numerous large windows that overlook the amazing backyard. The chef’s kitchen has a beautiful granite island w/ ample cabinets & counter space, overlooking the living area, & steps away from a separate dining area. The primary suite offers a sitting area w/ views of the immaculate backyard, which includes an impressive, newly added outdoor kitchen and multiple sitting areas complete w/ carver stone finishing. The second bedroom is perfect for guests, with a private bathroom. New HVAC system installed in 2023, full house surge protector, & pull out slides were added to kitchen cabinets. Situated in the desirable Katy ISD, this home is perfectly located across from the neighborhood dog park & steps away from the community lake & park. Contact us to schedule your tour!
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| Feb 6, 2025 | Listed by Real Broker, LLC | $460,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Discover this stunning former model home with countless upgrades and meticulous attention to detail! This 4-bedroom beauty is a must see! The open floor plan is perfect for entertaining, with natural light flooding through numerous large windows that overlook the amazing backyard. The chef’s kitchen has a beautiful granite island w/ ample cabinets & counter space, overlooking the living area, & steps away from a separate dining area. The primary suite offers a sitting area w/ views of the immaculate backyard, which includes an impressive, newly added outdoor kitchen and multiple sitting areas complete w/ carver stone finishing. The second bedroom is perfect for guests, with a private bathroom. New HVAC system installed in 2023, full house surge protector, & pull out slides were added to kitchen cabinets. Situated in the desirable Katy ISD, this home is perfectly located across from the neighborhood dog park & steps away from the community lake & park. Contact us to schedule your tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017