310 MORRIS AVE
About This Property
Seller does have 2 split systems for air conditioning, which are not installed, but will included in the sale. Sale is contingent upon seller finding suitable housing. Don't delay on putting this on your list to view.
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Century 21 Rauh & Johns | $299,000 | |
| Listed by Century 21 Rauh & Johns | |||
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Feb 15, 2018 | Listed by Graham/Hearst Real Estate Company | $34,900 | |
| Listed by Graham/Hearst Real Estate Company | |||
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Original Morris home site, documented with the Gloucester County Historical and the Township of Franklin Historical society, built in the early 1800's. Excellent neighborhood in desirable location, neighborhood traffic is minimal(35mph). Main level has a large Living Room, Eat-in-Kitchen, Den/Bedroom/TV Room with closet, very spacious Laundry Room on the main floor with utility washtub and shelving. There are two sheds on the property for storing lawn/garden equipment or many other items. This charming home is roomy, warm and will offer many years of pleasant memories.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017