2824 Morning Glory 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 |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by ABC Realty Advisor | $275,000 | |
| Listed by ABC Realty Advisor | |||
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One of a kind oversized lot with NO HOA. Recently renovated with new flooring, quartz countertops kitchen with a huge island, new water heater has been installed. Both bathrooms are completely remodeled. This is a rare opportunity to purchase a property of this size with an open layout. HVAC system was replaced last year. The backyard space is an absolute dream with more than enough space for a pool, perfect for entertaining comes with a blank canvas to create an outdoor oasis. Property located next to multiple commercial property and possibly can be rezoned commercial. Buyer and buyer's agent to verify this information independently.
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| Mar 21, 2022 | Sold | ||
| Sold | |||
| Feb 21, 2022 | Listed by ListWithFreedom.com | $146,000 | |
| Listed by ListWithFreedom.com | |||
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Wood frame property. Located next to commercial property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017