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25623 Morhiss Point
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 |
|---|---|---|---|
| Aug 20, 2026 | Listed by eXp Realty | $365,000 | |
| Listed by eXp Realty | |||
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by McCulloch Ranch and Land Co. | $335,000 | |
| Listed by McCulloch Ranch and Land Co. | |||
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Pecan Springs is a beautiful new Hill Country neighborhood (Community) featuring 2 beautiful, gated accesses. SAWS water, CPS natural gas, electricity, phone and GVTC high speed internet and is located in the Northside ISD. Everything about Pecan Springs is based around quality, from the spectacular landscape featuring picturesque country views, with many mature oak and elm trees to the quality extra wide spacious homesites that contain superb gentle building sites to the excellent restrictions, utilities, and attention paid to the use of quality custom home builders, as well as the neighborhood features beautiful private roads with several oak and elm filled islands. Each lot has been carefully laid out by the developer to create an open neighborhood environment, featuring homesites with stellar building sites and wide property dimensions. Pecan Springs also features an impressive linear 32-acre +- Pecan bottom park which is approximately 1 mile in length.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017