1349 MORGANA Road
About This Property
Welcome Home to 1349 Morgana Rd., a piece of country in town!
This updated 4 bedroom, 2 bath, two story Ft. Caroline area concrete block home is perched on a large - .72 acre- beautifully treed lot. Enter the over 2,000 foot residence on the 2nd floor into the great room with plenty of room to entertain. The kitchen has granite countertops and stainless steel appliances. Three generous sized bedrooms and two full baths upstairs. Need extra space? Head downstairs to the family room and the 4th bedroom with an office and its own covered entrance. Slip away outside to the grand covered porch or sit around the firepit enjoying your private backyard oasis. Minutes to downtown Jacksonville and shopping.
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | Relisted | $325,000 | |
| Relisted | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017