424 Morningside Avenue
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 |
|---|---|---|---|
| Jul 20, 2020 | Sold | ||
| Sold | |||
| Feb 28, 2020 | Listed by RE/MAX Imperial | $469,900 | |
| Listed by RE/MAX Imperial | |||
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NEW Construction! This home features 2300 square feet, 4 bedrooms, 2.5 baths, hardwood floors, Silverline Windows. Living room with FIREPLACE and sliding door to Deck. Master bedroom with WALK IN CLOSET, and Full Bath.
Lower level features a TWO CAR GARAGE, and abundant room for STORAGE.
Great for commuters, close to beach and outdoor restaurants and walking distance to school!
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| Aug 2, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2019 | Listed by Lighthouse Realty of NJ, LLC | $135,000 | |
| Listed by Lighthouse Realty of NJ, LLC | |||
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APPROVED - BUILDABLE LOT - HOUSE WAS REMOVED SO ALL UTILITIES ARE ON SITE - READY TO GO AS SOIL TEST WAS ALREADY DONE - PLANS ARE INCLUDED - SEE DOCUMENT SECTION OF LISTING - 80 X 100 LOT IN GREAT LOCATION - WALKING DISTANCE TO SCHOOL
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| Nov 21, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017