3424 Deer Trace Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by Fathom Realty NC, LLC | $320,000 | |
| Listed by Fathom Realty NC, LLC | |||
| | |||
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Incredible opportunity in rapidly growing Clayton! Enjoy the convenience of one level living with 3 bedrooms and 2 full bathrooms over 1,195 square feet. Notable features include LVP flooring throughout the living and kitchen areas, newly installed water heater, refreshed gravel driveway, and an oval saltwater pool. Outdoor enthusiasts will appreciate the covered front porch, multiple decks, and fenced backyard on a spacious .69 acre flat lot. Excellent storage with 12x16 detached building with roll up garage door. With no city taxes and no HOA, this home offers the freedom more commonly found in a rural setting, but you are only minutes away from White Oak Crossing (grocery, restaurants, retail) and an easy drive into Downtown Raleigh. *Watch Drone Video Tour: https://bit.ly/3424DeerTraceLane
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| Apr 13, 2020 | Sold | ||
| Sold | |||
| Dec 27, 2019 | Listed by Fathom Realty NC, LLC | $185,000 | |
| Listed by Fathom Realty NC, LLC | |||
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About Stoney Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017