3160 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 |
|---|---|---|---|
| Sep 19, 2026 | Listed by Engel & Völkers North GA Mountains | $549,999 | |
| Listed by Engel & Völkers North GA Mountains | |||
| May 25, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | No longer available | - | |
| No longer available | |||
| Mar 31, 2023 | Listed by REMAX Town & Country Mountain Dream Team | $349,900 | |
| Listed by REMAX Town & Country Mountain Dream Team | |||
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COMPLETE SECLUSION! Home on nearly 7 acres AND adjoining USFS! This 2BR/2BA, property is the perfect getaway from the real world with stunning double decks and an idyllic backdrop of USFS land. Explore the main-level an entertainment-ready floor-plan, hand built solid oak walls, living room w/wood burning stove, and an open concept kitchen, brand new appliances with gas stove, pantry, and direct access to the lower-level deck. Situated on the upper-level, the primary bedroom has a sitting area, raised deck access, and an en suite with a soaking tub and plenty of closet and storage space. Other features: paved driveway, laundry area, and a generator. Directly across the road from the property is the pristine Lake Appalachia for fishing and kayaking. Your private mountain getaway awaits.
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| Jul 22, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017