8008 MORLEY 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 |
|---|---|---|---|
| Jul 20, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by Keller Williams Realty | $224,500 | |
| Listed by Keller Williams Realty | |||
| Feb 8, 2018 | Sold | ||
| Sold | |||
| Nov 1, 2017 | Listed by Century 21 The Edge | $159,950 | |
| Listed by Century 21 The Edge | |||
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Single level home in Cielo Vista Park. Easy care rock front landscape & extended cement driveway on right. Formal Living room. Den plus an added sun room. Kitchen is open to dining. Master bedroom toward the front of the home with 2 wall closets & 3/4 bath. 2 additional bedrooms & a full hall bath. 2 deep hall closets, perfect for blankets or storage boxes. Garage has an automatic opener & lots of cabinet storage. Backyard has several rose bushes, grass & a storage shed. Furnace replaced 3 years ago. ***Kitchen appliances are not working & bathroom heaters are not working / sellers will not repair nor replace.***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017