2767 Conrad Drive
About This Property
Sitting on a nice, level lot and offered at an attractive price, this home is a great opportunity for a first-time buyer, someone looking for a permanent home, or an investor searching for a potential income-producing property. The location offers the best of both worlds with a quiet, peaceful setting while being just minutes from downtown, shopping, restaurants, and the mall.
Whether you're looking for a place to call home or your next investment opportunity, this property deserves a look. Don't wait--call the listing agent today and schedule your private showing!
All offers and counteroffers must be entered on propoffers.com by the buyer's agent directly. The buyer's agent is to pay a $200.00 technology fee at closing of any accepted offer Please be advised that any offers on this property require a minimum Earnest Money Deposit of 1% of the Purchase Price or $1,000, whichever is greater. EMD on cash deals will be 10% of purchase price
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Cap Rate Calculator
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 2, 2026 | Price Decreased |
$172,000
↓ $8K
(4.4%) | |
| Price Decreased | |||
| Aug 25, 2026 | Listed by WEICHERT, REALTORS - TIGER REAL ESTATE | $179,900 | |
| Listed by WEICHERT, REALTORS - TIGER REAL ESTATE | |||
| Apr 8, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Listed by SINGLE TREE REALTY | $215,000 | |
| Listed by SINGLE TREE REALTY | |||
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Great home in need of a little TLC in Morristown! This 2 bed, 1 bath home on a little under a half-acre lot is located in quiet Corpening Hills Subdivision in the county but only five minutes from all Morristown has to offer! The home has alot to offer with multiple washer and dryer hookups, additional space located off of one of the upstairs bedrooms, as well as space in the heated and cooled section of the basement that can be made into additional rooms for the home. Come and take a look today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017