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Map
1425 Raybon Drive
About This Property
The second floor adds a layer of flexibility that's hard to find, with a full bath, laundry hookup, and bonus space that can easily adapt to your needs. Whether you're looking for a private guest suite, multigenerational living setup, or a separate work or hobby area, the layout gives you options.
Step outside into a gardener's paradise. The 0.48-acre lot is a lush, established homestead featuring Fig, Apple and peach trees, and blueberry bushes in one of the raised garden beds. With no HOA, you have the freedom to truly use the property, including a well-equipped chicken coop designed with a solar-powered door and electric barrier.
Whether you're enjoying coffee on the refurbished deck or working in the massive three-car detached garage with a dedicated workshop and walk-up storage, this property offers a rare combination of space, functionality, and a more independent lifestyle.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by RW Realty of NC, LLC | $435,000 | |
| Listed by RW Realty of NC, LLC | |||
| Mar 18, 2016 | Sold | ||
| Sold | |||
| Jan 29, 2016 | Listed by RW Realty of NC, LLC | $199,900 | |
| Listed by RW Realty of NC, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017