331 SANDY BLUFF Drive #0078
About This Property
The Morningside is 2,531 square foot home with 3 bedrooms, 2.5 baths, a study, dining room, gathering room and large open kitchen with cabinets galore! The spacious gourmet kitchen has a 36'' cooktop, oven tower, large dine-in island and pendant lights. The dining room, huge gathering room and large breakfast nook are all located off the kitchen. Soaring double-step tray ceilings go from 12'-14' in the foyer, dining room and gathering room create a dramatic feel. The owner's suite has a spa like owner's bath, with a large walk-in shower, double vanities and separate water closet. This plan also includes a huge laundry room with drop zone and a 3-car garage.
This rendering is a conceptual drawing only and is not meant to represent the actual exterior colors. Builder reserves the right to modify.
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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 |
|---|---|---|---|
| Jul 29, 2026 | Price Decreased |
$584,900
↓ $19K
(3.2%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$603,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$613,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by MONOGRAM REALTY INC | $618,900 | |
| Listed by MONOGRAM REALTY INC | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017