8 Morton Ter
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 13, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | Listed by Compass | $1,249,000 | |
| Listed by Compass | |||
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Form meets Function in a big way at 8 Morton Terrace on coveted Milton Hill. Here design is meant to make lives better and easier. And there’s nothing better than a full front porch to greet guests or the new day. A gas fireplace and fine craftsmen’s millwork are the focal point of where you’ll gather. With an abundance of storage comes harmony, order, tranquility. Separate den/playroom/tv room with pocket doors continues the space for unwinding. But the kitchen is where we all want to connect and connect you will in style! Top Thermador appliances, including the 6-burner gas range and wide fridge, quartzite countertops and breakfast bar are spot on. The mudroom stylishly collects it all. Primary suite includes a designer bath with radiant heat and a vanity built for two. 2nd floor laundry is super convenient. 3rd floor offers a 4th bedroom and a discreet home office. New windows, new siding, better and easier. Close to Steel & Rye, trolley. Showings start Thursday, April 28.
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| Oct 17, 2016 | Sold | ||
| Sold | |||
| Jul 19, 2016 | Listed by William Raveis R.E. & Home Services | $995,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Nov 10, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017