131 Strolling Way
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 |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Urban Durham Realty | $580,000 | |
| Listed by Urban Durham Realty | |||
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Nestled perfectly between Durham and Chapel Hill, you'll delight in this charming Everwood beauty! Expansive and versatile first floor living with owners on main, open living and kitchen area, dining room, and sunroom with french doors. Upstairs you'll find two bedrooms separated by a generously sized bonus room, and full bath. Loads of walk-in attic storage over the two-car garage. Enjoy the spacious back deck that overlooks the backyard with mature trees and blooming landscaping. An easy stroll to Wegman's, Trader Joe's, Fresh Market, & Whole Foods! Easy access to Downtown Durham or Chapel Hill, and I-40!
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| Jun 11, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Tony Hall & Associates | $398,500 | |
| Listed by Tony Hall & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017