1216 Caledon Drive
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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | Listed by Non Member Office | $383,737 | |
| Listed by Non Member Office | |||
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Offering a spacious single level open floorplan home in the still developing Cambridge Park Community off Old Hillsborough Rd in southern Mebane.
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| Nov 17, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2020 | Listed by Keller Williams Central | $274,990 | |
| Listed by Keller Williams Central | |||
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The Aberdeen is one story living at its finest, offering 3 BR, 2 baths and an open floorplan. The kitchen features a large center island that opens to the dining area & family room. Enjoy a beautiful covered back porch while you drink your morning cup of coffee!! The kitchen includes beautiful white cabinets with New Caledonia granite counter tops & gray tile backsplash with stainless-steel appliances. A gas fireplace is the centerpiece of the spacious family rm. Your new home also includes our smart home technology package! D.R. Horton is excited to introduce Cambridge Park located in Mebane, NC. Known as "Positively Charming" Mebane is a commuter’s dream. Cambridge Park is centrally located within 30 miles of both Greensboro and Durham for unsurpassed flexibility! Photos are representative. representative.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017