2420 Morse Street
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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by DUX Realty, LLC | $1,019,900 | |
| Listed by DUX Realty, LLC | |||
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By 2023 GHBA Custom Builder of The Year, Mazzarino Construction & Development. Building in well-established inner loop neighborhoods, this home features all the high-end finishes you expect from Mazzarino. A balance of luxury and modern-day living for you and your family. This new luxury, energy-efficient home is located in the highly desired Hyde Park. It features first-floor living, a flex room, a private driveway, modest backyard space, granite/quartz countertops, Fisher & Paykel appliances, luxurious built-in primary closets, energy-efficient water heater, intricate trim carpentry, engineered wood floors, spray foam insulation, smart screen thermostat, variable speed furnace, and 2-stage condenser w multilevel zoning. Retail, restaurants, gyms, groceries, you name it, are within walking distance. Major freeways, downtown, medical center, & parks are all w/in minutes. Contact us today for a private viewing of this unique offering.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017