4503 MORRIS Road
About This Property
Welcome to your dream home! This property offers a fresh interior paint job in a neutral color scheme, providing a calming and serene ambiance. The primary bedroom boasts double closets, ensuring ample storage space. The kitchen is a chef's delight with all stainless steel appliances. New flooring throughout the home adds a touch of modernity and elegance. The outdoor patio is perfect for enjoying a cup of coffee in the morning or entertaining in the evening. Experience the perfect blend of style and comfort in this stunning home.
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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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$298,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Jun 5, 2025 | Price Decreased |
$300,000
↓ $14K
(4.5%) | |
| Price Decreased | |||
| Apr 30, 2025 | Relisted | $314,000 | |
| 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