2028 Long Point Trail
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, 2026 | Price Decreased |
$64,900
↓ $10K
(13.4%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | $74,900 | |
| Listed by COLDWELL BANKER ADVANTAGE #5 (SANFORD) | |||
| May 12, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | Listed by Keller Williams Legacy | $80,000 | |
| Listed by Keller Williams Legacy | |||
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The LARGEST lot for sale in Carolina Trace and one of the BEST available lots! This 1.01 acre lot is waiting for your dream home or investment. Imagine all the possibilities! A PRIVATE lot with a gentle slope with a lake view from the back of the lot. South Landing offers a private swimming pool & marina! GATED community-24 hour security. Carolina Trace covers 2,500 acres with creeks, ponds, rolling hills, walking trails, 315 acre Lake Trace for boating, kayaking, & fishing. Two 18 hole championship golf courses (Robert Trent Jones World Class), pro shop, member owned country club! Short drive to Fayetteville, Cary, Apex, Pinehurst and Raleigh. Welcome home to peace and quiet relaxation! Walk the lot to see all the potential! 2027 Long Point Trail - adjacent lot is available as well with .67 acres.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017