7401 Morningside Drive
About This Property
As you walk inside the Cali, you will see the long main hallway leading you to the open living room and kitchen. The 8' ceilings throughout the home add to the feeling this of open, spacious floorplan. Engineered vinyl plank flooring throughout the main areas offer a sleek, low-maintenance way to keep your floors looking great while soft carpet in the bedrooms keep your feet cozy. The kitchen and bathrooms feature granite countertops and white cabinetry, a walk-in pantry, and a large island ideal for family and guests to enjoy your meals together. The primary bedroom has its own bathroom featuring a spacious walk-in closet, a double vanity, and a separate walk-in shower and tub. Each room in the house has large windows that allow plenty of natural light in to brighten your mood and home up.
On the exterior of the home, you will see beautiful vinyl siding on all sides of the home. Each home comes standard with a sodded yard, dimensional shingles, and more. The Cali features a covered back patio and there is spacious covered front porch for you to enjoy your mornings and evenings outside taking in the unbeatable Florida sunsets and sunrises.
Today is the day to discover why the Cali is one of our most popular floor plans. Contact us today to find your next home at Morningside!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017