2510 Morgan Street
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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%.
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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 26, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $699,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Stunning soft contemporary 3 BR/3.5 BA Montrose home. High ceilings & natural light abound on every floor in this well-appointed home which features gleaming hardwoods on all levels. 1st floor includes a secondary bedroom & ensuite bath. The 2nd floor open concept living features high ceilings & great space which can accommodate multiple arrangements. Large kitchen features oversized island, SS appliances, great storage, & tons of counter space. Enjoy the spacious primary retreat w/ large windows, great natural light, & dry bar. The spa-like primary bath features oversized vanity w/ marble counters, dual sinks, walk-in shower, soaking tub, private water closet, & expansive walk-in closet w/ custom built-ins. The 4th floor includes a spacious secondary bedroom, guest bath, large game room w/ wet bar & outdoor patio featuring downtown views. This vibrant neighborhood offers excellent access to premiere shopping, dining, freeways/thoroughfares, & other essential amenities.
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| Feb 7, 2020 | Sold | ||
| Sold | |||
| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017