127 Palmetto Drive
About This Property
Features: ALL LVP Flooring, 9Ft Ceilings, Ceiling Fans in LR and ALL Bedrooms. Large Kitchen with Center Island, Quartz Countertops and Soft Close Cabinets. Lots and Lots of windows for Natural Light. Separate Laundry Room with Utility Sink. Primary Bedroom has WIC and Private Bathroom with Walk In Tile Shower. Low Maintenance Vinyl Siding. Covered Front Porch. Close to Uptown Roxboro or short Drive to Durham, Hillsborough and Burlington. Come Discover the Splendor. Local Builder, this home is a ''Step Above'' in Materials and Build Quality.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | Listed by Trammel Brothers Inc. | $329,900 | |
| Listed by Trammel Brothers Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017