6930 Morales Way
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 |
|---|---|---|---|
| Dec 5, 2021 | No longer available | - | |
| No longer available | |||
| Nov 7, 2021 | Listed by D.R. Horton - Houston South | $319,990 | |
| Listed by D.R. Horton - Houston South | |||
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The Lakeway plan is a one-story home featuring 4 bedrooms, 3 baths, and 2 car garage. The foyer opens to one guest bedroom and bath, study and entry coat closet. Kitchen includes breakfast bar with beautiful counter tops and stainless steel appliances. Open concept floorplan boasts large family room and separate dining/breakfast area. Two additional bedrooms and bath are situated just off the common living area. Private primary suite with attractive primary bath features dual vanities, water closet and walk-in closet. The standard rear covered patio is located off the family room. The manager has listed the unit size as 2041 square feet.
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| Sep 30, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by Turner Mangum,LLC | $298,461 | |
| Listed by Turner Mangum,LLC | |||
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The Lakeway plan is a one-story home featuring 4 bedrooms, 3 baths, and 2 car garage. The foyer opens to one guest bedroom and bath, study and entry coat closet. Kitchen includes breakfast bar with beautiful counter tops and stainless steel appliances. Open concept floorplan boasts large family room and separate dining/breakfast area. Two additional bedrooms and bath are situated just off the common living area. Private primary suite with attractive primary bath features dual vanities, water closet and walk-in closet. The standard rear covered patio is located off the family room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017