2806 Morgensen Drive
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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$223,250
↓ $12K
(5%) | |
| Price Decreased | |||
| Aug 25, 2026 | Listed by Realty Right | $235,000 | |
| Listed by Realty Right | |||
| Nov 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 24, 2025 | Listed by homecoin.com | $229,950 | |
| Listed by homecoin.com | |||
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Beautiful home in desirable location. Granite countertops, and newer appliances. Easy access to local shopping and a great friendly neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017