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4619 MORRIS Road
About This Property
The home was purchased by owner occupants and remodeled with intentions of moving to this beautiful neighborhood but a family medical emergency changed those plans. Since purchasing it, the house has been completely remodeled with new bathrooms, a remodeled kitchen, new vinyl plank flooring, and fresh paint throughout, and much more. The open floor plan, jet tub, and double primary bedroom closets are just a few of the features that make this house stand out. AC 2023, Newer water heater, Roof is 1 year old, brand new gutters.
A community boat ramp is a short golf cart ride down the street, and Ed Austin Park, Ft. Caroline National Memorial, and the scenic Spanish Pond Trail are all nearby.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$284,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$289,000
↓ $11K
(3.5%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$299,500
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by FLATFLEE.COM INC | $309,000 | |
| Listed by FLATFLEE.COM INC | |||
| Mar 16, 2026 | 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