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4526 Morrell Street
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2020 | Listed | $975,000 | |
| Listed | |||
| | |||
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Embrace the ultimate beach lifestyle in this remodeled bungalow that is only a half a block from Garnet Avenue and a short bike ride to the beach. As you enter you will gaze upon stunning open beam, shiplap ceilings covering an open floor plan that allows the living room, dining area and kitchen to flow seamlessly together. A double sky window in the living room bathes it in natural light while creating an indoor outdoor vibe. The manager has listed the unit size as 1362 square feet.
| |||
| Jul 14, 2020 | No longer available | - | |
| No longer available | |||
| Jun 12, 2020 | Listed | $999,900 | |
| Listed | |||
| | |||
|
Embrace the ultimate beach lifestyle in this remodeled bungalow that is only a half a block from Garnet Avenue and a short bike ride to the beach. As you enter you will gaze upon stunning open beam, shiplap ceilings covering an open floor plan that allows the living room, dining area and kitchen to flow seamlessly together. A double sky window in the living room bathes it in natural light while creating an indoor outdoor vibe. The manager has listed the unit size as 1362 square feet.
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| Jul 31, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017