128 Seminole Drive
About This Property
Ideal for hobbyists or car enthusiasts, the property features a massive detached workshop/garage (30x30 feet), providing ample space for projects and storage. With no HOA restrictions, you have the freedom to make this property your own.
Located in a highly sought-after area just minutes from downtown Clayton and Raleigh, this home offers both tranquility and convenience. Don't miss out on this rare opportunity to own a piece of peaceful country living with easy access to urban amenities.
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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 15, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | Listed by Fathom Realty NC | $330,000 | |
| Listed by Fathom Realty NC | |||
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Welcome home to this inviting 3 bed, 2 bath ranch nestled on a serene 1.56-acre wooded lot in the heart of Archer Lodge. This charming home boasts a spacious master bedroom with a walk-in closet, perfect for your personal retreat. Enjoy outdoor living with a large deck overlooking the expansive backyard, partially fenced for added privacy.
Ideal for hobbyists or car enthusiasts, the property features a massive detached workshop/garage (30x30 feet), providing ample space for projects and storage. With no HOA restrictions, you have the freedom to make this property your own.
Located in a highly sought-after area just minutes from downtown Clayton and Raleigh, this home offers both tranquility and convenience. Don't miss out on this rare opportunity to own a piece of peaceful country living with easy access to urban amenities.
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| Jan 3, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017