6910 Morrow Street
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 |
|---|---|---|---|
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jul 29, 2020 | Listed by RE/MAX Integrity | $65,000 | |
| Listed by RE/MAX Integrity | |||
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Unrestricted CORNER Lot with Endless possibilities! Can be used for commercial or residential use! Up and Coming area minutes away from downtown and Heights area! Build on or hold for value!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017