61
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2224 Birdhouse Lane
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 23, 2026 | Price Decreased |
$530,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Sep 29, 2026 | Listed by Hunt For Homes Inc. | $540,000 | |
| Listed by Hunt For Homes Inc. | |||
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Lennar Carolinas LLC | $524,475 | |
| Listed by Lennar Carolinas LLC | |||
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Award winning Landrum III floorplan in Austin Creek neighborhood with February 25 anticipated completion. Featuring 5 bedrooms (including 1st floor guest suite), 3 full baths, formal dining, game room and screen porch, gourmet kitchen with quartz countertops and 42 inch cabinets, large kitchen island, full oak treads staircase, oversized glazed porcelain tiles in baths and many more designer options. Close to shopping, restaurants and more! Use address of 2016 Birdhouse Lane, Wake Forest, NC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017