723 Morgans Ridge 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Five Market Realty LLC | $339,900 | |
| Listed by Five Market Realty LLC | |||
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|
Tons of recently completed, fresh updates! This is a move-in ready home and a fantastic opportunity to make this cul de sac home your own! En suite owner's bathroom, walk in closets and plenty of well thought out space are a welcome addition to an already charming home! Beautiful open living room with real wood burning fireplace! Large, expansive, fully fenced backyard makes this lot a dream in which to enjoy grilling out and shady afternoons underneath the mature trees. Extremely well kept, well built, maintained and cared for home in a fantastic neighborhood. Fantastic find, especially in a low inventory market. Schedule your showing today!
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| Jan 8, 2024 | No longer available | - | |
| No longer available | |||
| Oct 15, 2023 | Price Decreased |
$358,900
↓ $100
(0%) | |
| Price Decreased | |||
| Sep 23, 2023 | Price Decreased |
$359,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017