1611 Draper View Loop #105
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%.
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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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by Compass -- Raleigh | $564,265 | |
| Listed by Compass -- Raleigh | |||
| | |||
|
New Construction opportunity with a Five Points location. The Carson was designed with efficiency and functionality in mind. Wrapped in white painted brick and black casement windows, units will contain open floor plans with top of the line appliances and finishes. There is a room on the ground floor with full bath that could easily be utilized as a 3rd bedroom. The first buildings are nearing drywall and ready to tour! Schedule a buyers consultation to learn more!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2024
|
3 Bed
|
4 Bath
|
1792 ft²
|
$785,000
3 Bed
4 Bath
1792 ft²
|
$785,000
12/04/2024
|
Bryan Sinnett
Compass - Raleigh
| |
|
04/04/2024
|
3 Bed
|
3.5 Bath
|
1684 ft²
|
$749,900
3 Bed
3.5 Bath
1684 ft²
|
-
-
|
Linda Craft
Linda Craft & Team, REALTORS
| |
|
06/17/2023
|
3 Bed
|
3 Bath
|
1656 ft²
|
$750,000
3 Bed
3 Bath
1656 ft²
|
$750,000
07/25/2023
|
Beth Gonella
Midtown
| |
|
06/17/2023
| |
3 Bed
|
3.5 Bath
|
-
|
$750,000
3 Bed
3.5 Bath
|
-
-
|
Beth Gonella
Midtown
|
|
05/04/2022
|
2 Bed
|
3 Bath
|
1705 ft²
|
$685,000
2 Bed
3 Bath
1705 ft²
|
$660,000
-3.65%
06/03/2022
|
Charlotte Davenport
Compass - Raleigh
| |
|
02/11/2021
|
2 Bed
|
4 Bath
|
1737 ft²
|
$565,000
2 Bed
4 Bath
1737 ft²
|
$565,000
07/06/2021
|
Bryan Sinnett
Compass - Raleigh
| |
|
05/08/2020
|
2 Bed
|
4 Bath
|
1737 ft²
|
$565,425
2 Bed
4 Bath
1737 ft²
|
$566,425
+0.18%
05/04/2021
|
Bryan Sinnett
Compass - Raleigh
| |
|
05/08/2020
|
3 Bed
|
4 Bath
|
1711 ft²
|
$564,265
3 Bed
4 Bath
1711 ft²
|
$565,000
+0.13%
12/15/2020
|
Bryan Sinnett
Compass - Raleigh
| |
|
05/08/2020
|
3 Bed
|
4 Bath
|
1694 ft²
|
$582,030
3 Bed
4 Bath
1694 ft²
|
$585,998
+0.68%
11/10/2020
|
Bryan Sinnett
Compass - Raleigh
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017