29
Map
1120 Michael Scott 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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2023 | Listed by WPI Realty LLC | $419,500 | |
| Listed by WPI Realty LLC | |||
| | |||
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Remarkable 4 BR 4 bath home with TWO LARGE BONUS ROOMS in desirable Brassfield Estates! LOTS OF UPDATES THROUGHOUT! Elegant Kitchen you will LOVE! Features GRANITE, STAINLESS APPLIANCES, ornate tile backsplash, desk niche, pantry and CONVECTION OVEN! FORMAL Formal Dining Room and Large Eat-in. NEW ROOF 2022! Custom accent built ins throughout! Lovely hardwood floors and beautiful TILE SUNROOM w/ sink! Great layout for entertaining guest! SPACIOUS owner's retreat with large WALK IN CLOSET! Owner's bath with GRANITE double vanity, whirlpool tub and walk in shower! TWO LARGE BONUS ROOMS (one could be 5th bedroom w/ full bath) Double staircase with nice layout ideal for entertaining guest! Spacious rear yard with patio and storage shed! Great location convenient to all shopping, hospital and HWY 64! Just a short commute to Raleigh!
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| Aug 7, 2019 | No longer available | - | |
| No longer available | |||
| Aug 6, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by WPI Realty LLC | $279,900 | |
| Listed by WPI Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017