302 Morgan Street
About This Property
This 2 bed, 2 bath bungalow with a spare room (easily a 3rd bedroom) is full of potential and perfectly situated just 2 blocks from Wade Hampton Blvd and Walmart in the up-and-coming Sunny Slopes neighborhood of Greer, SC.
Features include:
• Detached 2-car carport
• Functional floorplan with spare room
• Solid structure-needs TLC but not falling down
• Sold AS-IS and CASH only
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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 |
|---|---|---|---|
| Aug 22, 2025 | Price Decreased |
$140,000
↓ $35K
(20%) | |
| Price Decreased | |||
| Aug 21, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$175,000
↓ $14K
(7.4%) | |
| Price Decreased | |||
| Mar 29, 2025 | Price Decreased |
$189,000
↓ $11K
(5.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017