1306 MORGANA Road
About This Property
This is a beautifully renovated 3-bedroom, 2-bathroom The property sits on a spacious corner lot, offering a large, fenced backyard for privacy and outdoor enjoyment. Inside, you'll find an open and airy living space with a fully updated kitchen equipped with modern appliances mid-century modern home. It features a solid concrete block construction, ensuring durability and energy efficiency. . The master bedroom includes an en-suite bathroom, and two additional bedrooms provide ample space. This home combines mid-century charm with contemporary comfort and is ideal for those who appreciate both style and practicality. Newer roof (2021), Vinyl plank flooring (2022), Water heater (2022) Washer/dryer hook up
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2023 | Listed by NEXTHOME ASSURANCE REALTY | $319,000 | |
| Listed by NEXTHOME ASSURANCE REALTY | |||
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2020 | Listed by NEXTHOME ASSURANCE REALTY | $149,500 | |
| Listed by NEXTHOME ASSURANCE REALTY | |||
| May 10, 2010 | Sold | ||
| Sold | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017