10125 Buffalo Road
About This Property
The property is being sold ''AS IS/WHERE IS.'' Any accepted offer and the Offer to Purchase and Contract are subject to the North Carolina Judicial Sales Act (Article 29) and the 10-day upset bid period at the Johnston County Clerk of Superior Court. Note: This is not a foreclosure. The home is priced to sell. Tenant occupied until 4/30/2025.
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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 |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed by Lines Realty Company, LLC | $275,000 | |
| Listed by Lines Realty Company, LLC | |||
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About Johnston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017