5 Morris Pl
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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 |
|---|---|---|---|
| Jul 12, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | In contract | - | |
| In contract | |||
| Aug 17, 2022 | No longer available | - | |
| No longer available | |||
| Jun 20, 2022 | In contract | - | |
| In contract | |||
| Jun 6, 2022 | Listed by KELLER WILLIAMS SUBURBAN REALTY | $389,000 | |
| Listed by KELLER WILLIAMS SUBURBAN REALTY | |||
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Adorable ranch style home, tucked away on a private .57-acre lot in the desirable Towaco section of Montville. This 3br / 1.5ba home has great space both inside and out! Inside offers true one level living. When you enter you are greeted by a sunny breakfast nook an updated kitchen and an open floor plan. The kitchen flows right into the formal dining room then into the spacious living room with floor to ceiling stone fireplace and vaulted ceiling with skylights. This area is flanked by two generous sized bedrooms, one with a large walk-in closet. The huge screened in patio is located to the rear of the LR. This awesome space overlooks the entire property and has a wood burning chiminea for your enjoyment! The picturesque property is bordered by woods and offers front and rear patios for entertaining & relaxation. Hard to believe that you can have this wonderful, private setting and still be only minutes away from the train station and major highways. This property will not disappoint!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017