3138 Rowena Avenue
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 |
|---|---|---|---|
| Dec 18, 2025 | Price Decreased |
$386,000
↓ $12K
(3%) | |
| Price Decreased | |||
| Oct 25, 2025 | Price Decreased |
$398,000
↓ $22K
(5.2%) | |
| Price Decreased | |||
| Aug 14, 2025 | Listed | $420,000 | |
| Listed | |||
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Located just minutes from DOWNTOWN DURHAM! Walk to Dining, Shopping, Coffee, Nightlife and the Arts scene. This Home offers convenience and lifestyle in a vibrant community setting.
Move-in ready, built in 2022, perfectly blending contemporary design with everyday functionality. Featuring 3 Bedrooms, 2.5 Baths, of thoughtfully planned living space with a bright, open concept layout and quality finishes throughout.
The main level features a living/dining area. The Kitchen showcases Quartz countertops and Stainless appliances, while the convenient main level laundry adds everyday ease.
Upstairs, 3 Bedrooms including the Primary Suite with a walk-in closet and upgraded Bath provide comfort and privacy. Modern touches like Tankless Water Heater, Energy-efficient features, and high speed internet wiring elevate daily living.
Step outside to your landscaped open lot and deck, perfect for morning coffee or evening relaxation.
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| Jan 19, 2022 | Sold | ||
| Sold | |||
| Nov 24, 2021 | Listed by Next Stage Realty | $369,000 | |
| Listed by Next Stage Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017