8611 Morley Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by ST & A, Realtors | $150,000 | |
| Listed by ST & A, Realtors | |||
| | |||
|
Introducing a 1,070 sq. ft. charming adventure with 3 beds, 1 bath, it does come with a lifetime foundation warranty (because we believe in commitment). The seller upgraded windows (they’re practically BFFs with sunlight), and Hobby airport is so close, you might start giving pilots directions. Let your inner DIY champ shine in bedrooms, a snug living area, and a kitchen that’s almost ready and just waiting for your culinary genius (takeout is a dish too, right?). Convenient freeway access to I-45 & 610 Loop for those who like to zoom, and Hobby Airport is practically waving hello. Let’s turn this house into a masterpiece – or at least a really good story!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017