116 Mossy Falls Way
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 |
|---|---|---|---|
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by Homes by Dickerson Real Estate | $719,000 | |
| Listed by Homes by Dickerson Real Estate | |||
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Ask about 2-1 buydown. This gorgeous "Mayfair" by locally owned, award-winning Green-builder, Homes By Dickerson, offers primary bed and guest bed on main floor, open stairs to second floor with bed 3 and 4, large rec room, and plenty of storage (or room to finish out later). Main floor has open living, including fireplace with built-in, professional kitchen, 9' sliders lead to screened porch off rear of home. Back yard faces east. Enjoy true resort-style living in this golfcart friendly neighborhood. Close to Wake Med Emergency room, Publix, Starbucks, Treelight Square - dining, shopping, health, and entertainment. Over 10 miles of trails. 2 blocks from salt water pool and park. 20 minutes to downtown Raleigh.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017