6 Morse Road
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 |
|---|---|---|---|
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Listed by Jordan E. Joy & Associates, Inc. | $465,000 | |
| Listed by Jordan E. Joy & Associates, Inc. | |||
| Mar 2, 2010 | Listed | $274,900 | |
| Listed | |||
| | |||
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A picture perfect Cape with many recent updates and it's truly in move-in condition. Gorgeous, bright, eat-in kitchen with newer appliances. All new windows in 2005. Hardwood floors under all wall-to-wall carpeting. Screened outdoor enclosure measures 11'x7' is perfect for enjoying this summer's hot evenings. Additional upstairs 14'x11' room is ready to finish. Ideally located close to shopping, Rts.9, 30, 126 and I-90.
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| Jul 10, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017