92 Morewood Drive
About This Property
The family room features a cozy fireplace and sliders that open to a patio and the private backyard, creating a perfect indoor-outdoor flow. The living room, truly the heart of the home, boasts high ceilings and a bay window that fills the space with abundant morning and mid-day sunlight, ideal for hosting gatherings or simply relaxing.
Upstairs, you'll find spacious bedrooms, including a generous primary bedroom with convenient access to a full bathroom. Main floor laundry, ample basement storage, and thoughtful updates throughout add to the home's practical appeal. Step outside to enjoy the privacy and tranquility of the fenced backyard, perfect for outdoor entertaining, al fresco dining, or quiet relaxation. Situated near Jericho Turnpike, Smithtown, Commack, Caleb Smith State Park, and Sunken Meadow Parkway, this home offers unbeatable convenience to shopping, dining, outdoor recreation, and major roadways. Come see how easily life can unfold, right here.
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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 27, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by Signature Premier Properties | $749,000 | |
| Listed by Signature Premier Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017