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5815 Morpeth St
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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%.
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Listed by Vanguard Properties | $1,395,000 | |
| Listed by Vanguard Properties | |||
| | |||
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This romantic Tudor home blends true elegance with striking modern design. The grand living room boasts vaulted ceilings, exposed beams, French doors to a sweet balcony, and hardwood floors that flow throughout. A gorgeously remodeled eat-in kitchen features quartz counters, herringbone backsplash, modern blue cabinetry, Viking and Bosch appliances and unique lighting. Enjoy seamless indoor-outdoor flow from the kitchen to a gorgeous two-level terraced backyard with flagstone patio and a flat upper yard for al fresco dining, play, or gardening. Conveniently located on the main level is one bedroom and a stylish bathroom. Upstairs, the primary suite offers a large walk-in closet and sunroom ideal for a home office or art room. On this level you will also find another bedroom and an updated bath with subway tile and deep tub. Bonus space downstairs - ideal for a media room - and a laundry room, measuring an additional 366 sq ft. Attached garage, interior access! Wonderful updates: Tesla charger, 200 amp electrical service, sewer compliant, newer water heater. Top-notch schools like Hillcrest, Aurora and St Theresa moments away. Local parks, College Ave & Montclair shops, cafés, and restaurants and access to highway/transport are all close-by.
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| Oct 25, 2018 | Sold | ||
| Sold | |||
| Sep 26, 2018 | Listed by THE GRUBB COMPANY | $1,175,000 | |
| Listed by THE GRUBB COMPANY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017