1187 Rays Bridge Road
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $310,000 | |
| Listed | |||
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Price Reduced! Beautiful almost new construction-3 years young in popular Whispering Pines, NC! Large low-maintenance yard with fenced rear yard. Short commute to Ft.Bragg. Great Moore Co. schools: Sandhills Farm Life, New Century and Union Pines. Open-concept plan, 1st level master suite, 3 more bedrooms+ loft area on 2nd floor. Wood floors; gas log fireplace; trey ceiling in master bedroom w/ huge walk-in closet, shower, tub and double vanity; Cooks kitchen has gas range, bar, walk-in pantry, eat-in area and stainless Whirlpool appliances. All bedrooms have walk-in closets, ample storage, rear patio, front porch, school bus stops at paved driveway & did I say large yard! Owner has painted majority of interior, added: shelving, fence, landscaping & gas range. Termite contract with Antex The manager has listed the unit size as 2714 square feet.
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| May 1, 2018 | Listed by KELLER WILLIAMS REALTY (PINEHURST) | $310,000 | |
| Listed by KELLER WILLIAMS REALTY (PINEHURST) | |||
| Aug 17, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017