5043 Morrison 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 |
|---|---|---|---|
| Apr 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 11, 2026 | Listed by eXp Realty LLC | $394,900 | |
| Listed by eXp Realty LLC | |||
| | |||
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BEAUTIFUL ONE-STORY- 4 bedrooms, 3 bathrooms, covered patio, 2 car garage is available for SALE/LEASE in Meridiana. You will love this spacious home with 12 ft ceilings in the kitchen and 10ft ceilings throughout! Quartz countertops, a kitchen island with extra outlets, the island has it's own cabinets allowing for ample storage space. Retreat in the spacious primary bedroom with an ensuite bathroom which includes dual sinks & vanities, an oversized shower, a soaking tub & walk-in closet! Enjoy entertaining in the backyard with a covered patio and an abundant back yard! Save money while renting with this energy-efficient home. Smart-tech features such as a camera doorbell and keyless entry provide safety and security. Residents of Meridiana can enjoy resort-style amenities such as a waterpark/ pool, clubhouse, walking trails, and onsite schools. WASHER, DRYER, FRIDGE included. Schedule a showing today.
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| Dec 20, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Perry Homes Realty, LLC | $399,900 | |
| Listed by Perry Homes Realty, LLC | |||
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About Manvel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017