3527 Morris Avenue
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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by The Real Estate Concierge LLC | $55,000 | |
| Listed by The Real Estate Concierge LLC | |||
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For investors and first time homebuyers looking for a 3-bedroom, 2-bathroom home ideally situated at 3527 Morris Ave, Macon, GA. Spacious with an interior that spans 1,536 square feet, this residence provides a canvas for investors or first time home buyers to express their creativity through renovations. This home is being sold as-is and needs a full rehab. Seller will not turn on utilities.
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| Mar 4, 2022 | Sold | ||
| Sold | |||
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2021 | Listed by Maximum One Platinum Realtors | $45,000 | |
| Listed by Maximum One Platinum Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017