4115 HEATH Road
About This Property
Outside, the large lot offers endless possibilities-add a pool, expand, or build on the existing concrete slab. Fresh landscaping enhances the outdoor living space, perfect for relaxing or entertaining.
A 5-minute walk to the river, public dock, and Lonnie Wurn Boat Ramp. Close to Ft. Caroline Club (free pickleball, tennis, pool) and Blue Cypress Park. Quiet, friendly neighborhood with quick access to everything: 25 mins to the beach, 20 to San Marco, 15 to EverBank, 7 to JU. A rare blend of charm, space, and location.
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$399,000
↓ $16K
(3.9%) | |
| Price Decreased | |||
| Oct 23, 2025 | Price Increased |
$415,000
↑ $44K
(11.9%) | |
| Price Increased | |||
| Oct 20, 2025 | Relisted | $371,000 | |
| Relisted | |||
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