120 Old Bridge Lane
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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 |
|---|---|---|---|
| Oct 17, 2018 | No longer available | - | |
| No longer available | |||
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $799,000 | |
| Listed | |||
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Your very own private estate minutes from UNC. Chef's kitchen opens to a wonderful great room that lets the outdoors in with its stunning windows. Enjoy a main level Master Suite w/sitting area. Upstairs has 3 bedrooms including a potential 2nd master suite. Basement features an in-law suite w/ kitchen along with bonus & exercise room. Gorgeous Cherry Floors on Main. Merrit's Pasture is your backyard across Morgan's Creek. Incredible Dog Wash on lower level. This is a must see! Fab CH Location. The manager has listed the unit size as 5440 square feet.
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| Jun 25, 2018 | Listed by Compass -- Chapel Hill - Durham | $799,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| May 27, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017