5342 Morningside Avenue
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by Allie Beth Allman & Assoc. | $1,140,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Dave Perry Miller Real Estate | $705,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Situated in Greenland Hills, heart of the M Streets, this unique Contemporary, built in 1977, once the Architect's personal residence is graced with large trees, four of which are protected by City of Dallas Tree Preservation Ordinance. Updated throughout, the contemporary interior features clean lines, large windows and abundant natural light. Adorning wall of windows and telescoping glass door overlook the serene, landscaped yard and expansive Trec decking. Stunning finish out includes hardwood floors, stone surround gas fireplace, updated baths, stainless steel appliances, quartz countertops, gas cooktop, Nest system. Second level includes loft and flex space that could be used as a third bedroom or office.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017