46 Morton 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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by William Raveis R.E. & Home Services | $995,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Fall in Love with this picture perfect NE Cape in highly sought-after location. This delightful Cape offers warmth, character and comfort. First floor features a spacious living room w/cozy fireplace which seamlessly flows into a bright & inviting den/home office with french doors. The kitchen opens to the sizeable dining room with china-cabinet, creating the perfect space for both everyday living & entertaining.Convenient mudroom w/loads of storage & half bath complete the main level. Upstairs, you'll find 3 pleasant sized bedrooms & full bath. Lower level boasts additional living space, including a versatile family room/playroom w/fireplace & home office. Off the kitchen you'll find a sizeable Trex deck overlooking the large fenced-in yard, ideal for relaxing surrounded by mature trees & lush greenery. Easy access to major highways, top-rated schools, and walking distance to restaurants/stores, parks and transportation. A true gem! Showings begin at the open house 1/11/25 12-2 PM.
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| Jul 29, 1993 | Sold | ||
| Sold | |||
| Jun 27, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017