8409 Moritz Pass Trail
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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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 31, 2024 | Listed by KSP | $482,000 | |
| Listed by KSP | |||
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Welcome to your dream home in the gated community of Reserve on Moritz! Zoned to highly acclaimed Valley Oaks Elementary and Memorial High School, this well-maintained property offers unparalleled convenience. Minutes from I-10, with easy access to Downtown, the Galleria, Energy Corridor, and City Centre. Step inside where the entry leads to a 1st-floor secondary bedroom with access to a covered rear patio. The second floor features a spacious Kitchen and Dining Area, which steps down into a Family Room with high ceilings and plenty of natural light. The third floor hosts a generous Master Suite and a third bedroom. Enjoy green park reserves, guest parking, and HOA assessments that include water, trash, and grounds maintenance. This oversized homesite provides the perfect blend of comfort and luxury. Don’t miss this opportunity – schedule your tour today!
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| Jul 10, 2024 | Relisted | $489,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017