27 Morgan Road
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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed | $450,000 | |
| Listed | |||
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Total peace of mind. This picturesque log home is tucked away, off the road on over 6 serene acres. Oversized 3 car garage. Farmers porch. The first floor features wide pine flooring throughout and an open concept layout with the kitchen open to a cathedral living room with a wood burning stove. There is a beautiful sunroom perfect for plants, the primary bedroom and a full bathroom. As well as access to the basement, which is partially finished and walks out to the yard through French doors. It is just awaiting your ideas. Also, in the basement you'll find a sauna room and a roughed in bathroom. Upstairs is a large loft room and an additional bedroom. Plenty of storage and a full bathroom. This property offers so much Walk the trails, sit on the bench next to your private pond perfect for fishing/swimming!
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| Oct 11, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Keller Williams Realty North Central | $299,900 | |
| Listed by Keller Williams Realty North Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017