2408 Scouting Trail
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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | Listed by Nest Realty of the Triangle | $475,000 | |
| Listed by Nest Realty of the Triangle | |||
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If home is where you want to be, then 2408 Scouting Trail is the place. A perfect open floor plan kitchen/ dining combo, and a big ol' living room with a grand fireplace as the centerpiece. Expansive master suite, brand new skylight in the updated primary bath, plus two more bedrooms and a bonus to boot. FRESH interior paint and brand new carpet (2024). Getting shoo'ed outside is more like walking into the best entertaining deck of all time. This double decker is no joke! Grill, dine, entertain, and enjoy letting the lawn mower gain some dust with the brand new turf. Half shaded beautifully by the best ornamental tree of all time. 1 car garage + EV plug. Front yard filled with rare ornamentals and a quick meander that slows you down as you walk in the door to home. Location, location, location. Smack dab in the middle of all the grocery stores, food options, and recreation that Falls has to offer. Sneak out of the neighborhood and get to where you want to be in a jiffy. After you fall in love with this home you'll be asking - did I find you or did you find me?
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| Aug 2, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by Northside Realty Inc. | $299,900 | |
| Listed by Northside Realty Inc. | |||
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About North Raleigh
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017