3 Morrison Rd
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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$1,625,000
↓ $25K
(1.5%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed | $1,650,000 | |
| Listed | |||
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OPEN HOUSE CANCELLED..Meticulously crafted 5 BR, 2.5 bath luxury home with gorgeous walnut hardwood throughout. At the heart of the home is a gourmet kitchen featuring Thermador SS appliances, 6 burner range, griddle, double ovens, pot filler, beverage fridge, quartz counters & 8' center island that flows into the fireplaced family room all w 9' ceilings. A formal dining room, private study & mudroom with custom storage, pantry & half bath w modern fixtures & lighting finish the 1st floor. Expansive 2nd level has a Main suite with 2 closets, luxurious bath featuring a jacuzzi tub, tiled shower & double quartz vanity. 2nd floor has 4 generous sized additional bedrooms, large tiled bath & convenient laundry room with sink & cabinetry. A finished 3rd floor offers an additional flex bonus/playroom plus attic storage. 2 Car-attached garage has direct access to basement. This home has an inviting heated built-in pool, 40'x26' basketball court w beautifully
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| Jun 2, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017