295 Morris Avenue
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 |
|---|---|---|---|
| Aug 7, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | Listed by Weichert Realtors-Forked River | $365,000 | |
| Listed by Weichert Realtors-Forked River | |||
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Aug 2, 2019 | Listed by Gloria Nilson & Co. Real Estate | $272,900 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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3 bedroom 1 bath home totally renovated with new kitchen, bath, flooring, air, furnace, water heater, appliances. New white kitchen with granite counter tops and stainless steel GE appliances Hardwood Floors. New bathroom. New doors etc etc Hookup for stacked washer and dryer Located at dead end street with land locked property to right. Very private- detached garage may be able to build in back of yard with township approval. large lot and close to beaches, shopping and transportation. Great for first home buyers, downsizing or just an easier way of life. Nothing has to be done just move in.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017