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3589 Morse Hill
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%.
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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 8, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by Four Seasons Sotheby's Int'l Realty | $359,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
| Aug 2, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Four Seasons Sotheby's Int'l Realty | $285,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Enjoy one level living in this well-maintained home close to skiing, golf and minutes from Manchester. This home boasts a large family room with wood stove and wide pine floors, a functional light filled eat in kitchen with plenty of cabinetry and open dining area. There are 2 bedrooms on the first floor. Large loft adds an additional space above. All measurements are approximate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017