438 Morris Road
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 |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by Atlanta Communities | $339,900 | |
| Listed by Atlanta Communities | |||
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***PRICE IMPROVEMENT!***WELCOME TO THIS STUNNING NEW CONSTRUCTION FOR GREAT BEGINNINGS! A charm & charisma dream starter 4 sides Ranch Home.This property has comfort and value, compare with anything you may have seen. First impressions are important ! A great foyer greets your guests, follow by a family room that will be "fun center" for you and your visitors. Efficiently design kitchen at Your Service! Clean, cozy and uncluttered. White cabinets, exquisite granite counter, stunning kitchen island, design backsplash and stainless steel appliances. Main Bedroom, situated for privacy, ideal for personal retreat along with a naturally neutral shower, Bold and Bright! 2 more bedrooms delivering space and harmony. One extra bathroom(bath included) to eliminate early morning traffic jams. Beautiful backyard to overlook the landscape and garden. Providing you a lot of privacy. Opportunity is knocking! This property has all new features such as: new HVAC, new water heater, new paint, new LVT floors, new windows, new kitchen and bathrooms cabinets, new kitchen granite counter, new siding, new septic tank, grass has been completely seeded and much more. YOU'VE JUST RUN OUT OF REASONS TO RENT!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017