2347 Morgan Road
About This Property
Just off the kitchen, you'll find a generous walk-in pantry that doubles as a laundry room with ample space for additional storage. The oversized family room offers plenty of room to relax and gather.
Enjoy mornings on the welcoming front porch overlooking a level, landscaped yard shaded by majestic oak trees. The rear deck is perfect for grilling and fenced backyard is ideal for children and pets. the handyman will love the detached workshop with power and a roll-up door, plus an additional storage shed for all your outdoor gear.
Situated less than a mile from the upcoming Holly Springs Town Center and just minutes to I-575, this home offers the perfect blend of comfort, convenience, and character.
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by Century 21 Lindsey and Pauley | $397,500 | |
| Listed by Century 21 Lindsey and Pauley | |||
| Oct 19, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Century 21 Lindsey and Pauley | $249,000 | |
| Listed by Century 21 Lindsey and Pauley | |||
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About Tall Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,475 /mo
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- 1,825 ft²
$2,500 /mo
- 4 Beds
- 3 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017