306 Kinnakeet 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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Compass -- Raleigh | $450,000 | |
| Listed by Compass -- Raleigh | |||
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by eXp Realty, LLC - C | $399,900 | |
| Listed by eXp Realty, LLC - C | |||
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Excellent open-concept 3 bedroom home with large 2nd floor loft space! Don't miss the the fully upgraded kitchen with granite counters, stainless steel appliances, cabinet space galore, island with seating & walk-in pantry. Also offers a spacious livingroom with gas fireplace & luxury vinyl throughout 1st floor. The 1st floor office has french doors for privacy. Well-maintained with lots of space! Enjoy a large deck that overlooks peaceful privacy in the back. So many things to love, PLUS it's convenient to RTP and downtown Durham. Within minutes to popular restaurants, shopping, groceries, trails & more! Beautiful community, & tons to do nearby!
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| Nov 6, 2022 | No longer available | - | |
| No longer available | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017