3116 Dixon 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Oct 3, 2024 | Listed by Kendahl McIntyre Real Estate | $600,000 | |
| Listed by Kendahl McIntyre Real Estate | |||
| | |||
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Stunning 3 bed, 2.5 bed in the heart of Durham. This home offers modern details and high end finishes throughout. Gourmet kitchen features quartz counter tops, stainless steel appliances & center island. Main level owners suite w/ accent wall, dual vanities, walk in shower & oversized closet. Upstairs features 2 additional bedrooms w/ bath and spacious loft. Fenced in yard with private back deck. Located w/in 5 mins of the finest restaurants & shopping, and night life.
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| Dec 10, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017