204 Par Drive
About This Property
Outdoor living is enhanced by a two-tier deck with natural gas grill connection and fire pit. Additional features include a two-car garage and 25-year architectural shingles installed October 2023.
Located in the West Henderson golf course community of The Links (golf course membership available but not required), surrounded by golf fairways and conveniently situated just minutes from I-85, shopping, dining, and Maria Parham Hospital.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Coldwell Banker HPW | $380,000 | |
| Listed by Coldwell Banker HPW | |||
| Oct 17, 2025 | No longer available | - | |
| No longer available | |||
| Jun 19, 2025 | Relisted | $380,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017