627 Morgan Rd
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 27, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by William Raveis R.E. & Home Services | $319,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to this charming ranch that offers the perfect blend of comfort and style. Step inside to discover an open concept kitchen/dining area, ideal for entertaining and everyday living. The expansive living room features hardwood floors and beautiful fireplace, perfect for chilly evenings or cozy gatherings. You'll find three generously sized bedrooms, each w/hardwood floors and just down the hall is the updated full bath. The primary bedroom boasts ample closet space and a convenient half bath! The finished space in the basement offers versatile multipurpose rooms to provide endless possibilities, whether you need a family room, office, or playroom this space will NOT disappoint. Kick back and relax in the three-season porch, where you can embrace the serene sites of the backyard. Take a dip in the refreshing above-ground pool, creating the perfect spot to entertain on those hot days. Don't miss the chance to make this lovely home yours before the end of summer!
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| Aug 21, 2009 | Sold | ||
| Sold | |||
| Jul 8, 2009 | Listed by Park Square Realty | $189,900 | |
| Listed by Park Square Realty | |||
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Pretty as a picture RANCH on over 1/2 acre beautifully landscaped lot. You will fall in love with this home, offering brand new kitchen,bath, wood floors, newer roof, siding, all interior painting (all APO),part.fin lower level,(2)car attached garage, newer pool AND fully enclosed sunroom. Great fenced backyard for the children - all within short walking distance to Fausey Elementary and the Middle School. Drive by-you will be impressed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017