172 Quail Point
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 25, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Listed by Long & Foster Real Estate INC/Raleigh | $1,074,900 | |
| Listed by Long & Foster Real Estate INC/Raleigh | |||
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NEW CONSTRUCTION - This beautiful home is currently under construction and will be completed in time for the start of the 2025 school year! Built by custom builder Gaylord Design Build, this home features a spacious open floor plan, including a large kitchen island, family room, breakfast nook and formal dining area. The main level offers a primary suite and two additional bedrooms, along with a dedicated study ideal for a home office. Upstairs, you'll find a game room and a fifth bedroom, plus an enormous walk-in attic for plenty of storage space. There are many additional features and upgrades in this floor plan that you won't want to miss—be sure to explore the layout in detail!
LOT DETAILS - A true diamond in the rough! This half-acre lot is nestled in a quiet cul-de-sac and is ideally positioned to offer the best of both worlds. Enjoy a nice view of the golf course from the front, while the backyard backs up to a natural area for maximum privacy. The possibilities for your outdoor space are endless. Picture yourself relaxing on the screened porch, overlooking the untouched natural landscape and hardwoods—this is a rare find!
CUSTOMIZATION OPPORTUNITY - At this stage in construction, there is still time to personalize this home to your tastes. Work directly with the interior designer to choose finishes that reflect your style. But don't wait—this opportunity is available for a limited time as construction progresses!
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| Apr 26, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by Absolute Realty Company, LLC | $130,000 | |
| Listed by Absolute Realty Company, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017