205 Serendipity Drive
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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | No longer available | - | |
| No longer available | |||
| Apr 4, 2023 | Listed by Re/MaxDiamond Realty | $465,000 | |
| Listed by Re/MaxDiamond Realty | |||
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Highest quality stone and brick home in fantastic Southern Alamance location. Hickory hardwoods, vaulted owner's suite on main level with bamboo floors. Eat-in kitchen w/granite, backsplash, hickory cabinets, s/s appliances & built-in wine rack open to 2-story living area with fireplace. Two BRs upstairs plus loft/landing and spacious bonus room. Extended composite deck with beautiful private view of common areas. 2 new heat pumps 3/2021, new electric water heater 2022, whole house generator (3 years old w/10 year warranty), plantation blinds, pull down stairs to floored attic for awesome storage, garage with built in cabinets. Neighborhood on several acres of common area w/natural spring, creek & covered bridge all shared by owner & 3 neighbors. 4 homes in community share a storage building with wiring, lights, receptacles with roll up garage door. Additional .47 acre parcel included in sale for a total of .84 acres! Minutes to Tanger, Saxapahaw & I/85-40. building with wiring, lights, receptacles with roll up garage door. Additional .47 acre parcel included in sale for a total of .84 acres! Minutes to Tanger, Saxapahaw & I/85-40.
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| Oct 22, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by Preferred Realty Triad | $339,000 | |
| Listed by Preferred Realty Triad | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017