50 Morse Ave
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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed | $899,900 | |
| Listed | |||
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Open Houses cancelled due to an accepted offer! This stunning home at the end of a quiet street shows like new—built in 2017 and impeccably maintained. Set on a flat, professionally landscaped half-acre with irrigation, it offers a show-stopping outdoor living space featuring a custom patio, wood-burning fireplace, and plenty of room to entertain or unwind. Inside, you'll find 3 bedrooms, 2.5 bathrooms, hardwood floors throughout, and leathered granite countertops in the kitchen and baths. The eat-in kitchen features white cabinetry and a gas stove. Kitchen flows into the dining and living areas with sliders leading right to the backyard oasis. Thoughtful features include a mudroom with built-in cubbies off the garage (with EV charger hook-up), 2nd floor laundry, and a spacious primary suite with both a walk-in and additional closet. Full finished basement rough plumbed for a bathroom—perfect for future expansion. A true turn-key home where every detail shines.
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| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Lorusso Property Group Inc. | $825,000 | |
| Listed by Lorusso Property Group Inc. | |||
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Beautiful like-new oasis in quiet neighborhood. This home features a bright and sunny kitchen open to living and dining rooms. First floor also features a ½ bath and a mudroom with access to a two car garage. On the second level, primary suite features full bath with walk-in shower and two walk-in closets. There are two additional generously sized bedrooms and another full bath. Finished basement with extra space to sleep, work or play. Stunning professionally landscaped outdoor space with a fully fenced in yard, new patio, built-in fireplace and irrigation. The perfect spot for parties & BBQ’s with friends and family. Don’t miss this opportunity to live in the wonderful community of Millis. Take some time away from your holiday weekend to visit our Open House this Saturday, May 25 or Sunday, May 26 from 11-1.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017