307 Scotts Ridge Trail
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Choice Residential Real Estate | $525,000 | |
| Listed by Choice Residential Real Estate | |||
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THIS CHARMING HOME WILL STEAL YOUR HEART and it's located in one of the MOST desirable communities in Apex, NC - SCOTTS MILL! The curb appeal is 20/10! This 3 bedroom, 2.5 bath home WELCOMES YOU HOME with an inviting FRONT PORCH. The azaleas are just starting to pop! The useful Kitchen is a showstopper w/SS appliances including a newer gas range, newer subway tile backsplash, granite countertops and counter seating, in addition to the light filled Breakfast Area. Formal Dining Room and large Family Room w/fireplace are perfect for entertaining! TONS of custom molding and extensive trim details throughout, like exterior dentil molding and a coffered ceiling in the DR. Out back is a large DECK, a flat fenced yard and a STORAGE SHED! Roof '22! ALL APPLIANCES STAY, along with the propane GRILL. Upstairs you'll find all the bedrooms, the laundry and finished walk-in STORAGE. The Primary Suite offers a HUGE closet, dual sinks and a large soaking tub with separate shower. A Pool/Swim Team/Tennis/Sand Volleyball/Playground/Clubhouse community, Scotts Mill is situated in one of the most convenient locations in the Triangle! Close to shopping, the 540, neighborhood schools and of course - quaint, historic Downtown Apex! hurry!
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| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jul 20, 2022 | Listed by Nest Realty of the Triangle | $499,000 | |
| Listed by Nest Realty of the Triangle | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017