41 Morgan Rd
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 31, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by KW Vermont - Cambridge | $469,000 | |
| Listed by KW Vermont - Cambridge | |||
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Single-level living at its finest! This ranch in the heart of Jericho/Underhill offers space to live, entertain and enjoy the outdoors. Inside, a mudroom off the attached 2-car garage brings you into an expansive kitchen/dining area. With natural light from the sliding glass door and recessed lighting throughout, this space is warm & inviting. There’s room for a table and chairs as well as counter seating. With lots of cabinet space and stainless steel appliances - included double ovens - This kitchen is a cook’s dream! The bonus space at the end of the kitchen could be for additional dining, or treat as a living area and make great use of the gas fireplace. Off the kitchen, a full living room offers a large picture window. Three generous and bright bedrooms share two full bathrooms, making it easy to live on one level! Downstairs, the lower level offers 600+ square feet of finished living space. Recessed lighting brightens the room, which can be accessed directly from the garage or from stairs inside the home. You will also find a utility room with a washer & dryer. Outside, you’ll find a fully-fenced yard that’s perfect for animal lovers and an oversized shed for those needing extra storage; there’s also a large deck that was recently stained. Other home updates include a 6-year-old heating system, 7-year-old roof, fresh paint, and a radon system that was updated in 2023. All you need to do is move right in and enjoy life in this turnkey home.
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| Jun 10, 2014 | Sold | ||
| Sold | |||
| Mar 7, 2014 | Listed by KW Vermont | $254,900 | |
| Listed by KW Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017