1626 Morrow Lane
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Listed by Barnett & Hill | $249,000 | |
| Listed by Barnett & Hill | |||
| Jul 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 12, 2025 | Listed by Barnett & Hill | $280,000 | |
| Listed by Barnett & Hill | |||
| | |||
|
3 bed, 2 bath brick home with 1,237 square feet near Abilene Christian University and just half a mile from Taylor Elementary. Built in 1983, this well-maintained home features public areas with light-colored, updated luxury vinyl plank flooring. The fireplace is a focal point of the living room which transitions to the dining room that connects living room to the kitchen with its painted cabinets, butcher block counters, and stainless appliances. Carpeted secondary bedrooms share a hall-accessed bath with Shaker-front cabinets. The primary suite is also carpeted and the en suite bath has cabinets to match the secondary bathroom. Outside, the large, fenced backyard with lush grass, mature trees, a covered patio with ceiling fan, and an extended grill area ideal is ideal outdoor entertaining. Two storage buildings provide additional space to keep the two-car garage open for vehicles.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017