1119 Crested Jay Drive #LOT78MORGAN
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 15, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by SM North Carolina Brokerage | $864,900 | |
| Listed by SM North Carolina Brokerage | |||
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by New Construction Realty, LLC | $582,785 | |
| Listed by New Construction Realty, LLC | |||
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Stanley Martin Homes newest community in Durham, featuring the Morgan plan. Home is modeled in a nearby Raleigh community. Very popular plan with first floor owner's suite, open and spacious layout. Second floor has bedrooms and bonus room. All homes built to Green Living Certified construction practice, HERS scores average in the fifties. Schedule an appointment to learn what Stanley Martin is all about; quality, great architectural design, very nice included features. Warranty program included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017