69 Morningside
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by ERA Key Realty Services- Auburn | $469,000 | |
| Listed by ERA Key Realty Services- Auburn | |||
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Welcome to the Morning Sun on Morningside Rd! This meticulously maintained 4-bedroom, 1.5-bathroom home has been a cherished family residence for 49 years and is now ready for its next chapter. Offering over 1,600 sq. ft. of thoughtfully designed living space, this home features a well-insulated attic, providing excellent potential for expansion to accommodate a growing family. The second floor is home to the primary bedroom and three additional well-sized bedrooms, ensuring ample space for everyone. The kitchen opens seamlessly into the dining room, which flows effortlessly into the living room—creating an ideal setting for both family gatherings and entertaining. A versatile bonus room with a private entrance presents endless possibilities, whether you envision a home office, a family room, or a home business setup. Enjoy peaceful mornings and tranquil evenings in this charming home that perfectly blends timeless character with future possibilities. Don’t miss this rare opportunity
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017