59 Moriches Drive
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 5, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$299,900
↓ $35K
(10.5%) | |
| Price Decreased | |||
| May 28, 2025 | Listed by Oasis Realty Group LLC | $335,000 | |
| Listed by Oasis Realty Group LLC | |||
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Welcome to this beautifully updated two-bedroom, one-bathroom home where modern comfort meets timeless charm. Every inch of this property has been thoughtfully renovated, starting with brand new vinyl siding, gutters, and a striking new deck perfect for outdoor enjoyment. Inside, you’ll find new flooring and new interior lighting throughout, creating a bright and inviting atmosphere. The fully renovated kitchen boasts sleek new stainless steel appliances, while the bathroom has been stylishly reimagined for both comfort and function. Energy efficiency and ease of maintenance are key, with new windows, new exterior and interior doors, and a two-year-old electro heat system—plus a chimney and oil tank still in place for easy conversion to oil heat, if desired. Additional upgrades include a new Bilco basement doors, ensuring convenient access and security. This move-in-ready gem offers peace of mind and modern living, all in one beautifully updated package.
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| Jun 21, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017