5872 Morpeth St
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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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by 168 Real Estate Group | $1,995,000 | |
| Listed by 168 Real Estate Group | |||
| | |||
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Don't miss this stunning Upper Rockridge Tudor. This truly special home exudes charm and elegance at every turn. As you enter through the gorgeous archway, you will instantly notice the gleaming wide plank hardwood flooring that extends throughout the living space. The living room, dining, and gourmet kitchen were professionally remodeled in 2022. These updates provide a much more open and inviting space to be enjoyed by you and your guests. This wonderful home also features updated systems, such as 2 zone heating, upgraded electrical, and updated water supply lines. Showcasing 3 spacious bedrooms, 2 bathrooms, and 3 additional bonus spaces that can be customized to suit your individual needs. Making your way up the beautiful staircase, you will be welcomed by the remarkable primary suite featuring soaring ceilings, a charming private balcony, and a luxurious bathroom. When you step into the picturesque backyard you will find not only a place to unwind, but a perfect space to entertain. This picture perfect home is conveniently located near boutique shopping, fine dining, hiking trails, and more! Call to schedule a private showing today! This charming one of a kind home will not last!
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| Apr 1, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | Listed by COMPASS | $1,350,000 | |
| Listed by COMPASS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017