5406 MORTON PLACE
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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 3, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by EXP Realty, LLC | $260,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
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INVESTOR OPPORTUNITY in Riverdale! This rambler 3 bedroom, 1 bathroom home is looking for the right person to see its potential and give it the care it needs to shine again. This home has two levels with a fully finished basement. The location is excellent, only a short drive to numerous shopping and dining options and easy access to the Baltimore-Washington Parkway. Don’t miss the chance to breathe new life into this home!
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| Aug 15, 1996 | Sold | ||
| Sold | |||
| Jun 25, 1987 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017