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4 Morrow Lane
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 |
|---|---|---|---|
| Jun 14, 2018 | Sold | ||
| Sold | |||
| Aug 2, 2012 | Sold | ||
| Sold | |||
| Mar 20, 2012 | Listed by RE/MAX Vision | $299,900 | |
| Listed by RE/MAX Vision | |||
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This custom built, year round contemporary home offers great frontage on Comet Pond. The open floor plan has a frplc'd liv rm w/skylights & vaulted ceiling, dining area w/slider to lg deck overlooking the pond, and recently updated fully applianced eat-in kitchen with center island. Full bath off with laundry. A beautiful, wooden spiral staircase leads to 2 second floor bedrooms & computer/office area. Lower level adds 400+ s.f. of living space with lg. bedroom and full bath
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| Jun 6, 2011 | Listed by Robert B. Love & Company, Inc. | $375,000 | |
| Listed by Robert B. Love & Company, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017