2426 Lower Moncure 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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Price Decreased |
$329,900
↓ $8K
(2.3%) | |
| Price Decreased | |||
| Nov 21, 2024 | Listed by Mark Spain Real Estate | $337,500 | |
| Listed by Mark Spain Real Estate | |||
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Welcome home to this charming traditional brick residence nestled on over 2 acres in the Lee County countryside! Just 12 miles from the upcoming VinFast EV manufacturing plant and 5 miles from the Raleigh Executive Jetport, this property offers the perfect blend of rural tranquility and convenient access. Featuring 2 bedrooms and 2 full bathrooms, this home also boasts a spacious 29x17 bonus room, ideal for a home office, playroom, or guest suite. Enjoy cozy evenings by the gas log fireplaces in both the living room and den. The asphalt circle drive adds ease to your entry, and you'll appreciate the additional space provided by two workshop buildings. With a short commute to Wake County, Sanford, and Pittsboro, this home is perfect for those seeking both comfort and convenience. Don't miss your chance to explore this wonderful property-schedule your visit today! HVAC, Heat Pump, Plumbing, and new paint throughout- NEW as of 12/2023.
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| Oct 10, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017