6823 Morningside Drive
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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Prime Properties | $419,000 | |
| Listed by Prime Properties | |||
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Your dream home awaits in the sought-after Greatwood community! Charming 2-story residence with a traditional elevation exudes stately elegance. Zoned to top-notch schools for a quality education. Enjoy convenient access to retail and medical facilities, making errands a breeze. Discover recent updates enhancing both style and functionality. The front door welcomes you into a refreshed interior featuring upgraded living room windows, a modern primary bath, and rich wood flooring. Expansive backyard beckons with possibilities—it's large enough to accommodate your dream pool or create a lush oasis for outdoor relaxation. Hosting gatherings is a delight with the covered patio featuring recent pavers, ideal for al fresco dining or simply unwinding under the Texas sky. Practical updates abound, including recent sprinkler system, siding, roof, fence, and two AC compressors, ensuring peace of mind for years to come. This home offers the perfect blend of modern convenience and timeless charm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017