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6680 Morrison Dr
About This Property
Award winning Infinity Alto, modern, open-floor plan. Bring the outdoors in through an upgraded 12' glass slider that opens the kitchen and living area to a covered oversized gated patio. Enjoy one of the few gas fireplaces in Midtown. The gourmet kitchen features upgraded cabinets with slow close hardware and stainless Jenn-Aire appliances.
Also on this level you'll find a home office and cozy eating area. With a powder bath and mud room accessing the oversized two car garage, featuring a highly durable unique Polyaspartic floor coating and upgraded lighting.
A trip up the open tread stairway leads to family's private area with two secondary bedrooms sharing a Jack & Jill bath off the second living area. The Primary Suite features 12' glass slider opening to the owner's private balcony, his & her closets, and an upgraded en-suite bath.
The 3rd floor features a third living area with 1/2 bath, great for watching a movie or working out. Open the glass sliding doors to access the terrace and bring in the captivating views of the front range while relaxing by the gas fire pit.
If that isn't enough, the finished basement features a 4th bedroom with walk-in closet and bath. The large living area includes a kitchenette and a 2nd home office or craft area. Great for guests..
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017