2923 Cullens Drive
About This Property
The main floor also includes a private office with French doors for a productive workspace, and a 5th bedroom or flex room next to a full bath featuring a walk-in shower.
Upstairs, the primary suite is a luxurious retreat, featuring quartz counters, a walk-in shower, and double walk-in closets that provide ample storage space. Two additional spacious bedrooms and a loft complete the second level, offering endless possibilities for movie nights, game time, or a playroom.
The home is further equipped with comfort-level toilets, ceiling fans for added cooling, blinds throughout for privacy, and a 2-car garage. The big backyard provides plenty of space for outdoor activities and relaxation.
This home combines modern amenities, thoughtful design, and ample space for your growing needs.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Price Decreased |
$359,900
↓ $200K
(35.7%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by Compass -- Raleigh | $559,900 | |
| Listed by Compass -- Raleigh | |||
| Sep 20, 2025 | Price Decreased |
$366,440
↓ $2K
(0.4%) | |
| Price Decreased | |||
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About Alamance
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017