1404 MORGANA 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 |
|---|---|---|---|
| Dec 1, 2023 | Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | $189,900 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | |||
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Nice three one with large fenced back yard. Vinyl plank floors through out. upgraded. Quiet neighborhood. Upgrading kitchen with new counters, sink and microwave. replacing 4 windows.
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| Mar 29, 2023 | Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | $178,900 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT | |||
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Nice three one with large fenced back yard. Vinyl plank floors through out. upgraded. Quiet neighborhood. Is tenant occupied.
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| Feb 2, 2021 | Listed by INI REALTY | $139,900 | |
| Listed by INI REALTY | |||
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This is a fantastic opportunity to own a 3 Bedroom / 1 Bathroom, 864 sq. ft. home in the growing area of Arlington in Jacksonville, Florida! This home has a ton of upside potential! There is currently a tenant paying $900.00 per month on a month-to-month basis. Minor repairs are necessary. This is a great rental home to add to an investment portfolio or could make for a perfect starter home! Construction loans may be even available to qualified buyers pending credit and income qualifications. Do not less this opportunity pass you by!
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| Jul 24, 2019 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by JAX ELITE REALTY | $79,900 | |
| Listed by JAX ELITE REALTY | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017