513 Morrison Street
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 |
|---|---|---|---|
| Jun 25, 2020 | Sold | ||
| Sold | |||
| Apr 23, 2020 | Listed by Coldwell Banker West | $405,000 | |
| Listed by Coldwell Banker West | |||
| Apr 29, 2016 | Sold | ||
| Sold | |||
| Oct 9, 2015 | Listed by Coldwell Banker West | $315,000 | |
| Listed by Coldwell Banker West | |||
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A MUST SEE Craftman style house. Great opportunity for first time buyers, newly weds or retired people. Completely remodeled, granite counter tops in kitchen, tiled floors, stainless steel appliances. A second unit can be built on the property or perfect for RV Parking. Close to 805 freeway and just 10 minutes from Downtown. Neighborhoods: Morrison Marscene Park Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017