50 Morgan Drive
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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 |
|---|---|---|---|
| Jan 13, 2023 | No longer available | - | |
| No longer available | |||
| Jan 3, 2023 | Listed by Fox & Foxx Realty LLC | $799,000 | |
| Listed by Fox & Foxx Realty LLC | |||
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Stunning North East Facing. Brand New Construction Built on an Existing Basement. Full Finished Basement. Amazing Layout!!! Hardwood Floors Throughout. Beautiful Gourmet Eat in Kitchen with a Center Island, Stainless Steel Appliances. Spacious Garage & Custom Deep Driveway. Custom Bathrooms. Close to Shopping centers, Hospitals, Restaurants, Turnpike & Garden State PKWY & 287 & Rt 1/9. Execellent Schools & Community. Edison Was Rated one Of The Best Places to live in NJ. showings to start Sat 7th. *** More pics coming soon*** The manager has listed the unit size as 2660 square feet.
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| Dec 5, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2021 | Listed by FOX & FOXX REALTY, LLC | $719,999 | |
| Listed by FOX & FOXX REALTY, LLC | |||
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Stunning New Built 5 BR, 3 Full Baths Home on existing foundation, with Full Basement. 2,666 square feet of refined luxury. 9' ceilings on 1st Floor. Gorgeous Large Eat in Kitchen with Custom Cabinets & Island & Granite Counter Top & Stainless Steel appliances & Backsplash and Opens to a Beautiful Family Room with Plenty of Windows. Formal Living Room. Large Bedroom on First Floor with a Full Bathroom. 1 Attached Garage. The Second Floor Offers 4 Large bedrooms with Plenty of Closets for Storage and a Nice Foyer. Master Bedroom has Two Walkin Closets & a Full Master Bathroom with a Stall Shower & Elegant Ceramic Soaking Tub & Double Sink. Large Backyard. Home is Being Built will be completed in 6 months. The manager has listed the unit size as 2660 square feet.
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| Aug 18, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017