45 Morrison Street
About This Property
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Cap Rate Calculator
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 12, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Non Member Office | $249,900 | |
| Listed by Non Member Office | |||
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Tired of renting? Ready to be start putting your hard-earned money into your OWN mortgage instead of your landlord’s? Don’t miss this turnkey New Englander. This home offers the loveliest garden/patio space for those who want to grill on their own and not ask permission to plant their own flowers! Just minutes from the Derryfield Park, you’ll find all the conveniences of Manchester, close to major routes, yet nestled into many single-family homes. Inside there is a great open concept living room to dining room, with adorable, Pinterest-worthy half bath tucked in the corner to maximize every inch! This home has the added heat source of a cozy wood burning stove. The kitchen is so large and beautiful with quartz counters and main level washer and dryer!! Upstairs you’ll find an updated full bath, two good sized bedrooms and a very large master bedroom with area for an office and wall to wall windows. The basement is great for storage and where you’ll find the rest of your utilities.
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| Aug 10, 2021 | Listed by Des Rochers Real Estate Professionals | $249,900 | |
| Listed by Des Rochers Real Estate Professionals | |||
| Mar 11, 2020 | Sold | ||
| Sold | |||
| Nov 21, 2019 | Listed by Des Rochers Real Estate Professionals | $224,900 | |
| Listed by Des Rochers Real Estate Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017