2227 Conestoga 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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | Listed by Raleigh Realty Inc. | $399,999 | |
| Listed by Raleigh Realty Inc. | |||
| | |||
|
LOCATION! Minutes from Downtown Durham, entertainment, restaurants, Shopping, Hospital, University and so much more. This 4-bedroom ranch home was renovated with a new Kitchen, HVAC, Roof, Water heater, bathrooms, Flooring, Paint, etc... It is on .49 acres and has plenty of room inside and out to play and enjoy. It is a must-see!!! Showings have been difficult to get approved by the tenant in the home, the home is now vacant as of 4/10/2023.
| |||
| Jan 19, 2023 | No longer available | - | |
| No longer available | |||
| Jan 11, 2023 | Price Decreased |
$416,900
↓ $9K
(2.1%) | |
| Price Decreased | |||
| Nov 20, 2022 | Listed by Fonville Morisey Realty | $425,900 | |
| Listed by Fonville Morisey Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017