27 Morning Arbor Place
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 21, 2026 | Sold | ||
| Sold | |||
| May 3, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$1,275,000
↓ $75K
(5.6%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by RE/MAX The Woodlands & Spring | $1,350,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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A BEAUTIFUL 1.5-STORY HOME IN CAPSTONE IS WAITING FOR YOU. DESIGNED TO IMPRESS FROM THE VERY FIRST MOMENT, IT FEATURES HIGH CEILINGS, ELEGANT CROWN MOLDING, AND A STUNNING SELECTION OF FLOORING—ENGINEERED WOOD, TRAVERTINE, AND TILE—CREATING A SOPHISTICATED, TIMELESS LOOK. THE STUDY WITH FRENCH DOORS IS PERFECT FOR WORKING FROM HOME. THE LUXURY OPEN-CONCEPT KITCHEN IS MADE FOR ENJOYING UNIQUE FAMILY MOMENTS. PLUS, YOU’LL LOVE THE OUTDOOR LIVING THIS HOME OFFERS WITH A STUNNING POOL, OVER SIZE COVERED PATIO AND AN OUTDOOR KITCHEN. A HOME WITH PRESENCE, BEAUTIFUL FINISHES, AND A LAYOUT THAT TRULY FEELS SPECIAL. ONE OF THE GARAGES HAS BEEN CONVERTED INTO AN EXTENSION OF ONE OF THE BEDROOMS, WHICH CAN BE CONVERTED BACK TO A GARAGE.
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| Oct 7, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017