1000 Ferncrest Drive
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 26, 2025 | In contract | - | |
| In contract | |||
| Jan 24, 2025 | Listed by Fathom Realty NC, LLC | $370,000 | |
| Listed by Fathom Realty NC, LLC | |||
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Ranch style three bedroom two full bath home in wonderful North Durham location. Solar Panels and new roof were added in 2021 and has an assumable LOW INTEREST loan for $73,119, speak to your real estate agent for details. Brand new Trane Gas Pack installed and complete crawl space encapsulation in 10/2024. Entire interior just painted and brand new flooring except for the existing hardwoods in bedrooms. Large backyard, deck and patio for all your entertaining. Enjoy being close to Duke, Eno River, restaurants and shopping centers.
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| Jun 5, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Griffin Associates REALTORS | $209,950 | |
| Listed by Griffin Associates REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017