120 Blackthorne Place
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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by Keller Williams Ballantyne Area | $335,000 | |
| Listed by Keller Williams Ballantyne Area | |||
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This meticulously cared-for ranch-style home features three bedrooms and two bathrooms. The family room boasts a vaulted ceiling and a cozy corner fireplace. The kitchen, decorated in all white with black accents, is equipped with stainless steel appliances. The owner's suite offers a spacious walk-in closet, a dual vanity, and a relaxing jetted tub. You can savor your morning coffee on the inviting covered front porch or host a barbecue on the deck in the fenced yard. Conveniently located near White Oak and I-40, it’s just a short drive to downtown Raleigh.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
| Aug 6, 2020 | Listed by EXP Realty LLC | $219,800 | |
| Listed by EXP Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017