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5626 Morongo Road
About This Property
As you pull up, you'll immediately notice the large, mature shade tree and the welcoming two-car garage. Stepping inside, you will find a spacious open floor plan featuring tile flooring and a ceiling fan. The kitchen, designed with entertaining in mind, opens up to the living area, allowing you to prepare your favorite meals while still being part of the action. It is equipped with tile countertops, plenty of cabinetry, a stove/oven, and a built-in microwave.
Each guest bedroom is generously sized, and the guest bathroom is outfitted with a full bathtub/shower, tile flooring, and a vanity. The primary bedroom is spacious and features a private bathroom with a bathtub/shower, dual vanity, and tile flooring.
Stepping back outside, you'll discover a covered patio and backyard, surrounded by wood privacy fencing. This is a fantastic space for barbecues, get-togethers, or outdoor dining experiences! Additional features include HVAC for heating and cooling, an evaporative cooler, ceiling fans, and an oversized two-car garage measuring approximately 500 square feet.
Don't miss out on this opportunity-call today for your private showing!
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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 |
|---|---|---|---|
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| May 17, 2026 | Listed by Cherie Miller & Associates | $225,000 | |
| Listed by Cherie Miller & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017