30 Morro Bay Drive
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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%.
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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.
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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 5, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by Coldwell Banker Realty | $320,000 | |
| Listed by Coldwell Banker Realty | |||
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This beautiful 4 bedrooms, 3 and half baths with a formal dinning room is located in Rodeo Palms. Downstairs, you will see the primary bedroom, with separate shower and tube with two sinks and the half bathroom. The living room has high ceiling with fireplace and laminated. Upstairs, you will see three additional three bedrooms, and two full baths and a game room. Some of the upgrades the sellers did are roof replacement in 2017, covered patio in 2018, hot water in 2019, interior paint in 2018 and AC unit in 2021 and 2022. This house is located closed to several walking trails, shopping centers, and easy access to 288 which leads to Downtown Houston and Medical Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017