58
Map
3620 Morgan Bay Place
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 15, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed by The Real Estate Agency | $245,000 | |
| Listed by The Real Estate Agency | |||
| Feb 13, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2023 | Listed by PCS Home Realty | $205,000 | |
| Listed by PCS Home Realty | |||
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This beautiful 3 bedroom, 2 bathroom home is located in the highly sought after Las Palmas gated community. It features a spacious open layout, granite countertops, stainless steel appliances, two car garage, laundry room, and low maintenance landscaping with artificial grass in the backyard. The gated community provides additional security and offers several amenities including a community pool, tennis, basketball, and beach volleyball courts, gym, playground, clubhouse, and more. This well-maintained neighborhood is conveniently located off of Montana, just west of 375, and has easy access to Fort Bliss, schools, shopping, restaurants, and so much more. Don't miss out on the opportunity to make this your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017