2408 Stadium Drive #A
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%.
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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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Price Decreased |
$180,000
↓ $7K
(3.7%) | |
| Price Decreased | |||
| Mar 29, 2025 | Price Decreased |
$187,000
↓ $8K
(4.1%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed by Keller Williams Elite Realty | $195,000 | |
| Listed by Keller Williams Elite Realty | |||
| | |||
|
INVESTOR DELIGHT! Needs a fresh new look but great location to DUKE, DOWNTOWN DURHAM AND HIGHWAYS. Spacious living room with corner fireplace. Half bathroom on main level. Good size bedrooms upstairs. End unit. Renovate and live here OR great investment rental property. DOES NEED WORK! Sold As Is. New deck 4/2025.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/17/2025
|
3 Bed
|
2 Bath
|
1400 ft²
|
$195,000
3 Bed
2 Bath
1400 ft²
|
$167,000
-14.36%
08/22/2025
|
Stacy Slone
West and Woodall Real Estate
| |
|
03/01/2022
|
2 Bed
|
2 Bath
|
1280 ft²
|
$200,000
2 Bed
2 Bath
1280 ft²
|
$200,000
04/20/2022
|
Teresa Wright
Fathom Realty NC, LLC
| |
|
11/29/2018
|
3 Bed
|
3 Bath
|
1388 ft²
|
$118,500
3 Bed
3 Bath
1388 ft²
|
$125,000
+5.49%
12/27/2018
|
Ronald Rojas
EXP Realty
| |
|
09/28/2017
|
3 Bed
|
3 Bath
|
1344 ft²
|
$95,000
3 Bed
3 Bath
1344 ft²
|
$86,300
-9.16%
11/17/2017
|
Julie Soles
Seagroves Realty
| |
|
06/16/2014
|
3 Bed
|
3 Bath
|
1385 ft²
|
$65,000
3 Bed
3 Bath
1385 ft²
|
$65,000
07/09/2015
|
Tim Burrell
Re/Max United
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017