3024 Bay Foal Lane
About This Property
This spacious and thoughtfully designed home features a screened porch, perfect for relaxing, and a convenient first-floor guest suite with a full bath. Upstairs, you'll find a versatile loft, three additional bedrooms, and a laundry room for easy living. The luxurious primary suite boasts an oversized walk-in closet.
Upgrades throughout include luxury vinyl plank flooring on the main level, elegant oak stair treads, and a chef-inspired kitchen with stylish tile backsplash. Plus, enjoy blazing-fast 1.2 gig fiber optic internet--included with your HOA dues!
Triple Crown offers a prime location near shopping, dining, and recreation, with Rolling View Marina just six miles away. Downtown Durham and several popular entertainment and outdoor destinations are also close by, while Research Triangle Park is only a 15-minute drive. The community is within walking distance of Durham Charter School, and major destinations including RDU Airport, RTP, Downtown Durham, and Brier Creek are all within 20 minutes or less. Plus, Falls Village Golf Course is conveniently located directly across the street.
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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 25, 2026 | Sold | ||
| Sold | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Jul 4, 2026 | Price Decreased |
$439,990
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$444,990
↓ $1K
(0.2%) | |
| Price Decreased | |||
| May 31, 2026 | Price Decreased |
$445,990
↓ $2K
(0.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017