2812 Tryon Pines Drive
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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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | Listed by Inhabit Real Estate | $423,000 | |
| Listed by Inhabit Real Estate | |||
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Have you been searching for a home that makes you feel those warm and fuzzies as soon as you step inside? Look no further, and TRYON this one for size! This gorgeously bright home has been lovingly cared for, and is ready for its next owner. Located in desirable SW Raleigh, this home is perfect for anyone wanting to be close to the action, but in a quiet neighborhood setting. Rocking chair front porch invites you into the large, bright, open living space with wood burning fireplace! Tasteful design updates like crown molding, painted kitchen cabinets, and modern fixtures throughout. The living spaces flow from inside to out, where you'll enjoy entertaining on the enormous back deck overlooking large fenced yard. Spacious owner's suite makes the perfect retreat - large bathroom with dual vanities, soaking tub, and two closets! And speaking of closets, there is no shortage of storage here! There is a place for all your things in the large pantry, walk-in closets, and two outdoor storage sheds. Priced affordably, but this home is no fixer-upper! Savor your off-time and enjoy low maintenance living. Much of the heavy lifting has already been done: roof replaced in 2017, heating and air upstairs replaced in 2020, newer side by side GE stainless fridge and gas range, freshly painted trim, and solid surface floors throughout! Invest smart and enjoy life in this quickly growing part of the Triangle, just a short distance to Downtown restaurants, breweries, Dorthea Dix Park, NC State, and so much more!
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| Jun 25, 2018 | Sold | ||
| Sold | |||
| May 17, 2018 | Listed by Inhabit Real Estate | $262,500 | |
| Listed by Inhabit Real Estate | |||
| Nov 4, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017