143 Alan Lane
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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Coldwell Banker HPW | $345,000 | |
| Listed by Coldwell Banker HPW | |||
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If you're looking for a great home on a large lot in a quiet neighborhood where the neighbors look out for each other, come on out to Smith Ridge Estates in Clayton. This awesome ranch home shows great and is move-in ready. Enjoy a cup of coffee in a rocking chair on the front porch and watch the sun rise from the east. Enjoy the peace and quiet. The acre lot features a septic field in the front yard so you have room to build a large workshop or garage in the backyard. There is no HOA to get in your way. Off the deck, there is a fenced area that is perfect for a dog or two. Inside, the large family room has plenty of room for all of your family and friends as they enjoy a warm fire on a cold day.The large, updated kitchen has plenty of counter space. You can dine in the dining room or the eat-in kitchen, whichever you prefer. The large primary bedroom has plenty of room for a king size bed. The primary bathroom features a double sink vanity, a walk-in shower, a jetted soaking tub and a walk-in closet. All three bedrooms feature a ceiling fan and low maintenance laminate flooring. The guest bathroom also features a double vanity and a bath/shower combo. The architectural shingle roof was replaced in 2020 and the HVAC was replaced in 2017. The vinyl siding was just cleaned and is low maintenance. Gutters with gutter guards mean you'll never have to get on a ladder to clean the gutters. The long gravel driveway can accommodate a lot of vehicles. Best of all, you're close to downtown Clayton and only 25 minutes from downtown Raleigh. No city taxes mean low property taxes. This could very well be the home for which you have been waiting.
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by Coldwell Banker HPW | $332,500 | |
| Listed by Coldwell Banker HPW | |||
| Apr 17, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017