36 Morrison Court
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 |
|---|---|---|---|
| Oct 20, 2017 | Sold | ||
| Sold | |||
| Jun 13, 2017 | Listed by RE/MAX Insight | $249,900 | |
| Listed by RE/MAX Insight | |||
| Feb 21, 2017 | Sold | ||
| Sold | |||
| Jan 15, 2003 | Sold | ||
| Sold | |||
| Oct 24, 2002 | Listed by Keller Williams Realty | $289,900 | |
| Listed by Keller Williams Realty | |||
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NOT A DRIVE BY.SPACIOUS RANCH ON CUL-DE-SAC.FEAT.OVERSZD FUL APP. KIT. 4BDRS, 2 FULL BATHS, FR OVERLOOKING PRIVATE BACKYD W/IN-GROUND POOL. CENTRAL AIR & 1 CAR GAR.FREE STANDING STRU CTURE ON PREMISES W/HEAT & A/C PERFECT FOR AT HOME BUSINESS.
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