724 Morse Street
About This Property
Large .4 acre lot in established Denton neighborhood! This 4-bed gem is a blank canvas large enough to get creative with! Spacious galley kitchen opens to the living room with an impressive white brick floor-to-ceiling fireplace and beautiful hardwood floors. Backyard with vehicle access, storage shed, and carport. Dog-friendly with a separate enclosed area for dogs to run around. Nature lovers will enjoy the mature treed lot and nearby parks. Close proximity to tons of shopping & restaurants and easy access to 35. Great investment opportunity! Located approximately 5 minutes to UNT, TWU, & NCTC. Don't miss!
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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 |
|---|---|---|---|
| Apr 15, 2022 | No longer available | - | |
| No longer available | |||
| Apr 13, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | In contract | - | |
| In contract | |||
| Mar 26, 2022 | No longer available | - | |
| No longer available | |||
| Mar 18, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017