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2701 Morningside Lane
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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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Listed by Vive Realty LLC | $185,000 | |
| Listed by Vive Realty LLC | |||
| Jun 9, 2025 | Listed | $195,000 | |
| Listed | |||
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Welcome home to 2701 Morningside Lane, a charming 3-bedroom, 1-bath home situated on a spacious corner lot with mature trees and plenty of yard space to enjoy. This single-story home offers simple, functional living with a comfortable layout and timeless appeal. Inside, you'll find a bright living area with wood-look tile floors, an open dining space, and a cozy kitchen with stainless steel appliances and a gas range. The full bathroom features a shower/tub combo and a single vanity, serving all three bedrooms with ease. An attached two-car garage provides secure parking and additional storage, while the large front and back yards offer endless potential for outdoor living, gardening, or play. Conveniently located near local schools, parks, shopping, and major roadways, this home is a great opportunity to enjoy relaxed living in a well-established Pasadena neighborhood.
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About Red Bluff Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017