1431 MORROW Road
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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | Listed by Villa Realty Group, LLC | $259,900 | |
| Listed by Villa Realty Group, LLC | |||
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This charming home offers a blend of comfort and modernity, featuring 1,396 sq ft of living space on a 0.38-acre lot with 3 bedrooms and 2 bathrooms.
It has been updated with NEW vanities, NEW toilets, NEW light fixtures, and a NEW white quartz kitchen countertop.
The refinished hardwood and NEW luxury vinyl plank flooring add elegance and durability. Practical amenities include a NEW cooktop, fresh paint, backyard storage, and a covered carport with integrated laundry facilities.
Located near Morrow Elementary and Babb Middle School, with Clayton State University and Strayer University within a short drive. Shopping and dining options abound with Southlake Mall nearby, and nature preserves and historical sites are within a five-mile radius.
The property is about 15 miles from Hartsfield-Jackson Atlanta International Airport, ensuring easy travel.
This home is more than a residence; it’s a gateway to a lifestyle of ease and refinement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017