3202 Morgan Drive
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 26, 2024 | Sold | ||
| Sold | |||
| Jul 28, 2024 | In contract | - | |
| In contract | |||
| Jul 14, 2024 | Relisted | $429,000 | |
| Relisted | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by EXP REALTY | $429,000 | |
| Listed by EXP REALTY | |||
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NO MUD or PID! Welcome to this beautifully updated single-story home, perfect for comfortable and stylish living. The spacious open floor plan is ideal for entertaining family and friends, featuring 3 bedrooms and 2 full baths in a split design that ensures the owner's privacy. The large family room with a stone fireplace flows seamlessly into the open kitchen, complete with updated stainless steel appliances and a roomy breakfast area. Step outside to the expansive private backyard, featuring a new 8’ fence and a covered patio with a fan, perfect for relaxing evenings. The home also includes custom shutters in the front living room and family room. This inviting home is ready to welcome you!
Negotiable items include a dresser in the owner’s bedroom, a table in the utility room, washer and dryer, bar stools, refrigerator, workbench, and security camera.
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Property Highlights
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About Celina
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017