58 Morris 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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2020 | No longer available | - | |
| No longer available | |||
| Apr 10, 2020 | Listed by Griffith Olivero | $215,000 | |
| Listed by Griffith Olivero | |||
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Accepted offer: To be built: This is a 36 lot subdivision set quietly our of the hustle and bustle of the city. Underground utilities, sidewalks on both sides, views from many lots, municipal water, and sewer, natural gas, all at an affordable price. ...This model has a partial basement and a full garage or garage can be opened to make a larger basement instead. Photos show some color selections from two other homes that sold. The manager has listed the unit size as 1450 square feet.
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| Sep 17, 2019 | Listed by Griffith Olivero | $215,000 | |
| Listed by Griffith Olivero | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017