615 West Avenue
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Advantage Realty, Inc. | $179,000 | |
| Listed by Advantage Realty, Inc. | |||
| Dec 6, 2017 | Sold | ||
| Sold | |||
| Oct 23, 2017 | Listed by Future Vision Inc | $129,900 | |
| Listed by Future Vision Inc | |||
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Picture Perfect Cottage Charmer in the highly desired historic district of Morris, who, in 2006, was added to the National Register of Historic Places. This completely renovated, 1930's cottage is only blocks from the nostalgic downtown area (where you will find unique shops boutiques, fine dining, entertainment and community events), multiple State Parks and the breathtaking Illinois River. Own this little piece of history, situated on an extra large, professionally landscaped, private lot, with all the modern appointments, such as updated kitchen with new SS appliances, stylish cabinets, new flooring throughout, renovated bath with Jacuzzi tub, separate office space, new mechanicals, updated electric, 10 yr old roof and 2 1/2 car garage with huge workspace for all your projects. All the work has been done for you! One look and you're sure to fall in love!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017