5 Morningside Drive
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 |
|---|---|---|---|
| May 3, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Apr 17, 2023 | Listed by Oakmont Real Estate LLC | $829,900 | |
| Listed by Oakmont Real Estate LLC | |||
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Gorgeous split entry home with a recently updated kitchen with a high-end range, stainless appliances, beautiful white quartz countertops, and a breakfast bar area. This house sits on a huge 1.17 acre wooded lot with a private deck perfect for summertime entertaining. The main floor features HW floors, a great room with cathedral ceilings, and a cozy fireplace in the living room. There is plenty of space for home office set-up in the finished lower levels and the home also has a two car garage. Recent updates include newer roof, H/W heater, new garage doors, and the home was just fully insulated. The location is UNBEATABLE with easy access to Route 125, 93, and 495. Very convenient to downtown, Pike School, and Phillips Academy. Also close to Fosters Pond and Harold Parker State Forest which is loaded with bike trails.
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| Apr 20, 2021 | Sold | ||
| Sold | |||
| Feb 17, 2021 | Listed | $619,900 | |
| Listed | |||
| Jun 18, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017