36
Map
55 Morrissey Drive
About This Property
This two-bedroom, one-bath home offers additional finished living space in the basement, currently being utilized as a third bedroom, with additional space that could be ideal for a second family room, home office, recreation area, or flexible living space.
Currently tenant-occupied, the property offers the opportunity to purchase as a primary residence or consider its potential as an income-producing investment. For buyers looking to make a home their own, some cosmetic updates and TLC could go a long way toward unlocking its full potential. Investors may appreciate the opportunity to add a rental property in a convenient commuter-friendly location to their portfolio.
Enjoy suburban living while maintaining convenient access to New York City. The home is positioned near the Taconic State Parkway and Metro-North train service, providing multiple options for commuters. Everyday conveniences are also close by, including a neighborhood deli, restaurants, schools, and area lakes.
The photos show the possibilities. Bring your vision, make the improvements that suit your style, and create a home that works for you.
With home prices continuing to challenge affordability throughout the region, opportunities at this price point and in a location with access to major roadways and public transportation deserve attention.
Whether you're looking for a place to call home or an investment opportunity, this property offers flexibility, location, and potential. Come see what you can create here.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Putnam
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,995 /mo
- 2 Beds
- 1 Bath
- 1,200 ft²
$7,500 /mo
- 4 Beds
- 3 Baths
- 3,360 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017