31 Morrison Road West
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 |
|---|---|---|---|
| Nov 5, 2018 | Sold | ||
| Sold | |||
| Jul 19, 2018 | Listed by William Raveis R.E. & Home Services | $579,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| Nov 3, 2014 | Sold | ||
| Sold | |||
| Sep 17, 2014 | Listed by Brad Hutchinson Real Estate | $499,900 | |
| Listed by Brad Hutchinson Real Estate | |||
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Privacy galore surrounds this handsome 4 bedroom Colonial nestled on a generous lot in the most desirable West Side location of Wakefield. Relish the many charming and interesting features complementing this post and beam Colonial such as French doors, beamed ceilings, hardwood floors. An over-abundance of windows allow an open and airy feel to every room! The entire house is crisp and sparkling with its freshly painted rooms! Enjoy a lovely living room with a gas fireplace and the stunning dining room with outside access to the yard and private patio for relaxing and fantastic outside entertaining! Great first floor bonus family room, all glass with views of the private setting this property has to offer! Many up-dates include stainless steel appliances, heat, roof, central A/C, electrical and extensive landscaping. Minutes from Lake Quannapowitt, trains and highways! This is a gem!
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| Apr 30, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017