8215 MORNING GROVE
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 |
|---|---|---|---|
| May 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 4, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Feb 18, 2026 | Listed by Skylight Realty Group, LLC | $209,900 | |
| Listed by Skylight Realty Group, LLC | |||
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Excellent home for your family or as an investment property! Located directly across from the neighborhood swimming pool and tennis courts. It features all tile flooring, upgraded bathrooms, a new roof (2022), new siding, HVAC replaced in 2023, and a newer water heater. An enlarged slab provides additional parking space. The property rents for $1,350 per month, and the current lease is month-to-month, offering flexibility for investors or future occupants. No showings until acceptance of an offer. Please reach out with any questions.
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| Oct 1, 2008 | Sold | ||
| Sold | |||
| Jul 4, 2008 | Listed by TC Austin Residential Group | $78,000 | |
| Listed by TC Austin Residential Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017