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1479 MORRIS ROAD SE
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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 |
|---|---|---|---|
| Oct 5, 2026 | Listed by XRealty.NET LLC | $199,900 | |
| Listed by XRealty.NET LLC | |||
| Sep 18, 2026 | Price Increased |
$199,900
↑ $15K
(8.1%) | |
| Price Increased | |||
| Sep 14, 2026 | Relisted | $184,900 | |
| Relisted | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by XRealty.NET LLC | $184,900 | |
| Listed by XRealty.NET LLC | |||
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BACK ON MARKET DUE TO NO FAULT OF THE SELLER. Opportunity is knocking in Barry Farm! This 2-bedroom, 2-bath brick townhome offers a rare chance to build equity in one of SE Washington, DC's up-and-coming neighborhoods. Built in 1939, this solid, classic two-level home delivers approximately 800 sq ft above grade, plus a 400 sq ft basement featuring an additional full bath and flexible bonus space — perfect for a home office, gym, guest suite, or extra storage. Step onto the main level and you'll find an easy flow between the living room, dining area, and kitchen — a layout ready for your personal touch. Upstairs, two comfortable bedrooms share a full bath, offering a smart, efficient footprint ideal for a first-time buyer or a savvy investor. Practical essentials are already in place: public water and sewer, gas forced-air heating, and central A/C — meaning your renovation dollars can go straight toward maximizing value rather than starting from scratch on major systems. Location is a huge win here. Tucked into the historic Anacostia/Barry Farm area, you're just minutes from the Frederick Douglass Bridge, the Anacostia Metro, and some of DC's most exciting redevelopment — plus nearby museums, a year-round ice rink, and the energy of Nationals Park close by. This corridor continues to see strong momentum, making this a smart long-term play for anyone looking to plant a flag in a neighborhood on the rise. Being sold strictly as-is, this is an excellent opportunity for an investor or a hands-on owner-occupant ready to add value and make this home their own. Homes like this — priced to move with real upside — don't stay available long. Come see the potential in person before it's gone again!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017