27 Morris Parkway
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | No longer available | - | |
| No longer available | |||
| Jan 17, 2025 | Listed by Douglas Elliman Real Estate | $579,000 | |
| Listed by Douglas Elliman Real Estate | |||
| May 30, 2024 | Listed by Douglas Elliman Real Estate | $579,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome home to this bright and cozy Cape, located on an extra wide tree lined street in the Incorporated Village of Valley Stream. Enter into an inviting open concept Living Room and Dining Room. The U-shaped Eat In kitchen with Oak Cabinets has a large skylight, and a 1/4 wall of glass for plenty of natural light. One Bedroom and a Full Bathroom complete the first floor. Upstairs you will find a large Primary Bedroom with tons of closet space. The full basement is partially finished, with a utility room and laundry room. Private Driveway leads to a beautifully fenced in yard with a deck, above ground pool and large shed. Can easily be returned to a 3 Bedroom home. Upgraded to Instant Hot Water early 2023. Taxes do not reflect Basic Star Rebate of $1,257.00. Being sold as is., Additional information: Interior Features:Lr/Dr
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017