5302 Morgan Manor Drive
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 17, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by Mark Spain Real Estate | $286,000 | |
| Listed by Mark Spain Real Estate | |||
| Apr 24, 2026 | Listed by Mark Spain Real Estate | $300,000 | |
| Listed by Mark Spain Real Estate | |||
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Opportunity is knocking with this solid 3-bedroom, 2-bath ranch on a spacious .82-acre corner lot, priced to sell at $300,000 - and with no HOA and USDA loan eligibility, this deal gets even better! This home qualifies for a USDA loan, offering 100% financing with no down payment required, competitive interest rates, and lower mortgage insurance costs. The split floor plan offers privacy and functionality, while the large kitchen with center island opens right into the family room for easy everyday living. A flex space with French doors off the living room gives you options - home office, playroom, formal dining - you decide. The living room's wood-burning stone fireplace and the kitchen wood stove keep the entire living area warm and cozy all winter while keeping energy costs down. Laminate flooring flows throughout all living areas, and French doors with built-in blinds open to a large yard complete with a storage shed. Both secondary bedrooms are generously sized, and the primary suite is sure to impress with his and hers closets, a dedicated office area just outside with a stylish barn door, and a spa-like bath featuring a separate tub and shower, double vanity, and a large water closet. The oversized garage has no problem accommodating a full-size truck. With easy access to SR 365/US 23 connecting you to I-985 and I-85, commutes to Gainesville, Buford, or metro Atlanta are a breeze. At this price with these perks, this one won't last - come see it before it's gone!
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| Mar 27, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017