418 MORGAN AVE
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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 |
|---|---|---|---|
| Dec 22, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $122,900 | |
| Listed | |||
| | |||
|
Large half Victorian, Front parlor,living room,formal dining room, featuring front and back staircase, 2 full bath room, kitchen with island,full basement,above ground pool, shed.( The exterior is in the process of being painted) Sold as-is, buyer is responsible for all lender repairs, certifications and township CO.The manager has listed the unit size as 2179 square feet.
| |||
| Jan 24, 2017 | Listed by RE/MAX 1st Choice- NJ | $118,900 | |
| Listed by RE/MAX 1st Choice- NJ | |||
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About Palmyra
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017