5506 Morningside Avenue
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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by Dave Perry Miller Real Estate | $529,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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WELCOME TO THE M STREETS! As you can see from the pictures this home is M0VE-IN ready! Whether you are downsizing or this is your first home, this is the perfect amount of yard and home. Plus this home is located in a very walkable neighborhood, minutes from Glencoe park, access 75 and entertaining on Greenville or Uptown. The renovated kitchen has bar seating plus room for a dining table looking over the back deck. Wood floors through this home add charm and character, as does the fireplace in the living room. Bedrooms are large and share no walls, perfect if you need to work from home. Master is located at the back of the house, with an ensuite bathroom and walk-in closet. Freshly painted exterior and garage.
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Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Central Dallas
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Currently no similar homes aroundNearby Rentals
$8,900 /mo
- 3 Beds
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$6,595 /mo
- 2 Beds
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- 1,328 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017