2008 Umstead Road
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | Listed by Howard Perry & Walston Realtor | $595,000 | |
| Listed by Howard Perry & Walston Realtor | |||
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Beautifully updated home in a peaceful setting. This home has it all. Brand new (2024) HVAC system, all new windows, new lush carpeting, new laminate flooring and brand new deck. Large two car garage with new garage doors and openers. Freshly painted interior and exterior with brand new windows. The expansive, fenced backyard has plenty of shade with mature hardwoods. The attention to detail in this home is evident with striking gold finishes and classic design. Under 15 minutes to Duke Regional Hospital, Duke University, and the popular Brightleaf Square. This is a must see.
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| Dec 19, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Listed by Coldwell Banker HPW | $440,900 | |
| Listed by Coldwell Banker HPW | |||
| Mar 4, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017