59 Morningside Drive
About This Property
This home oozes charm and character. Taxes listed do not include the STAR Tax exemption of $1,987.
Cozy up to the Vermont Castings fireplace on those cold winter nights. Great outdoor space for entertaining.
Lower level offers tons of storage space and laundry. Within walking distance to Ryder Park. Brand new roof 11/2014 Additional Information: Amenities:Storage,HeatingFuel:Oil Below Ground,ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Mar 6, 2015 | Sold | ||
| Sold | |||
| Nov 22, 2014 | Listed by BHG Rand Realty | $439,000 | |
| Listed by BHG Rand Realty | |||
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017