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3004 Hickory 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 |
|---|---|---|---|
| Aug 18, 2026 | Listed by Costello Real Estate & Investm | $999,000 | |
| Listed by Costello Real Estate & Investm | |||
| Aug 27, 2025 | Relisted | $350,000 | |
| Relisted | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Price Decreased |
$350,000
↓ $800K
(69.6%) | |
| Price Decreased | |||
| Mar 3, 2025 | Listed | $1,150,000 | |
| Listed | |||
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North Raleigh Custom built home on absolutely amazing lot, Modern farmhouse in North Ridge area. Awesome floorplan w/ 1st floor guest suite, huge Primary closet, loft area, 3 car garage, large screened porch,loaded with windows, huge island, large drop zone. Features- site finished hardwoods, 36'' range, modern light fixtures, modern tile, etc.. Most selections have already been made. Buyer may only choose floor stain and kitchen backsplash. Buyer can walk through a finished home in Cary to see fit and finish example. If you hear light humming noise on the lot it is from the recycling plant at the end of the neighborhood. See Agent remarks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017