7738 Morningside Lane
About This Property
The direct access garage is 2 car garage. The backyard is newly fenced with white vinyl fencing. The HVAC is a Lennox and has been serviced.
This is an amazing opportunity to own a home in the Ranch. Take advantage of all the amenities of living on the ranch. Pool, spa, clubhouse, walking trail, lake and biking. Call today for your appointment to view this home. Termite Report attached - seller has agreed to do the work with acceptable offer. Patio cover will be removed.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | Price Decreased |
$549,000
↓ $16K
(2.8%) | |
| Price Decreased | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Price Decreased |
$564,900
↓ $100
(0%) | |
| Price Decreased | |||
| Nov 8, 2024 | Relisted | $565,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017