2423 Bivins Road
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 13, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Listed by Burton Realty Group Inc | $100,000 | |
| Listed by Burton Realty Group Inc | |||
| Jun 5, 2025 | Listed | $719,000 | |
| Listed | |||
| | |||
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Welcome to Bivins Creek Development, where privacy meets convenience in the heart of North Durham! This exclusive community offers a unique opportunity to design your dream home in a serene, natural setting. Choose from our expertly crafted layouts or collaborate with us to create a one-of-a-kind plan tailored to your vision. Our seamless in-house selection process ensures a stress-free building experience. Customize your home inside and out with options like a pool, accessory dwelling unit (ADU), outdoor kitchen, and more, making every inch of your property a space you'll love.
The home featured in the photos is just one of many possibilities. Explore additional floor plans and discover more about this exciting opportunity at BivinsCreek.com. **Home to be built**
| |||
| Apr 29, 2025 | Price Decreased |
$690,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017