2216 Myron Drive #102
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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by Cooley & Co | $279,900 | |
| Listed by Cooley & Co | |||
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by EXP Realty LLC | $187,500 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Fantastic one level condo in one of the most convenient locations in Raleigh. Only steps from the beltline, minutes to Rex Hospital, NCMA, shopping and entertainment, and more! No stairs entry make this perfect for anyone, all new interior paint, three bedrooms with spacious closet space, covered patio, and an attached exterior storage room! Perfect for the first time buyer or the investor! See agent only remarks for closing cost assistance info!
| |||
| Jul 13, 2006 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/11/2023
|
3 Bed
|
2 Bath
|
1000 ft²
|
$279,900
3 Bed
2 Bath
1000 ft²
|
$280,000
+0.04%
05/26/2023
|
Dana Lynn Cooley
Cooley & Co
| |
|
10/12/2020
|
3 Bed
|
2 Bath
|
1000 ft²
|
$187,500
3 Bed
2 Bath
1000 ft²
|
$183,500
-2.13%
12/09/2020
|
Lisa Coleman
EXP Realty LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017