1121 Crested Jay Drive #LOT77EDISON
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 |
|---|---|---|---|
| Apr 27, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by SM North Carolina Brokerage | $615,000 | |
| Listed by SM North Carolina Brokerage | |||
| Jan 29, 2020 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by New Construction Realty, LLC | $474,627 | |
| Listed by New Construction Realty, LLC | |||
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Price is without design options. Stanley Martin Homes newest community in Durham, featuring the Edison plan. All homes built to Green Living Certified construction practice, HERS energy scores average in the 50's.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017