3459 Morcom Ave
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 |
|---|---|---|---|
| Apr 23, 2025 | Listed | $749,000 | |
| Listed | |||
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Enjoy the ease of single-level living in this thoughtfully designed home, where comfort and accessibility shine. The primary bedroom is located at the front of the home and features large windows that fill the space with natural light while offering peaceful views of the secluded front yard. A private en suite bathroom adds both convenience and comfort. A second spacious bedroom and full bathroom complete the layout. The home feels surprisingly spacious thanks to its smart floor plan, well-placed windows and doors, and a calming, nature-inspired color palette that enhances the connection between indoor and outdoor living. Step from the kitchen directly onto a generous backyard patio, where flagstone and Roman block pavers create the perfect setting for outdoor dining or enjoying your morning coffee. Bonus: a basement with exterior access offers unfinished space full of potential—perfect for storage or workshop.
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| Sep 17, 2018 | Sold | ||
| Sold | |||
| Aug 3, 2018 | Listed by THE GRUBB COMPANY | $629,000 | |
| Listed by THE GRUBB COMPANY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017