2164 Old Rex 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 |
|---|---|---|---|
| Jul 1, 2026 | Listed by Redfin Corporation | $300,000 | |
| Listed by Redfin Corporation | |||
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Listed | $264,000 | |
| Listed | |||
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On the market for the first time, this solid MID-CENTURY BRICK RANCH is a rare gem, on nearly 3 acres of beautifully landscaped property that has been in the same family for generations. Enter the dapple drive and cross the babbling creek, then wind through the enchanting forest of hardwoods and ferns to see the homeplace. Inside, you'll find original HARDWOOD floors throughout - even hidden under the bedroom carpets, a large LIVING ROOM featuring custom built-in shelving off the front PORCH. The kitchen has lots of space with a breakfast area, and breakfast bar separating the DINING ROOM. The laundry room is right off the kitchen and includes lots of storage, a work desk, and even a built-in filing cabinet! The 20x20 FAMILY ROOM with a stone fireplace overlooks the patio, flower gardens and a SCREENED PARTY PORCH in with ceiling fan for year-round outdoor living! The home includes THREE BEDROOMS and 1 and 1/2 BATHS, with MASTER on the MAIN and a TILED SHOWER. The COVERED DOUBLE CARPOR off the kitchen has brick pillars and could easily become an enclosed garage. NEWER ROOF, NEWER Water Heater, NEWER HVAC. 700sf metal WORKSHOP for any hobby or home-business with outside WOOD FURNACE and inside heater, lines run for air compressor, gas, built-in workspace, an massive vent fan. A detached double carport nearby holds plenty of firewood already, and space for storing vehicles or equipment. 3-door POTTING SHED/BARN on the other side of the property for all your GARDNER'S paradise, with decades of thoughtful planting and care reflected in the lush landscape-azaleas, roses, camellias, hydrangeas, blueberries, daylilies, hostas, ferns, dogwoods and hardwood shade trees that flourish here. A peaceful creek winds through the property, which backs directly up to the local middle and elementary schools. All this and only 2 miles to I-75, 3 miles to I-675 and 8 miles to ATL Hartsfield Jackson Airport. Who would imagine such PEACEFUL LIVING could be so CONVENIENT?
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017