3610 Randolph 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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Mark Spain Real Estate | $499,900 | |
| Listed by Mark Spain Real Estate | |||
| | |||
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Welcome home to a sprawling ranch with a spacious floor plan and a generous lot size. The partially finished walk-out basement adds to the comfort and convenience of the layout. The home features fresh paint, an updated kitchen, Quartz countertops, new LVP flooring on the main level, a large private backyard, a welcoming covered porch, and a deck for outdoor entertaining and relaxation. The traditional floor plan includes a formal dining room, living room, and a large kitchen & morning room combo. Living in Durham not only provides a wide range of amenities and conveniences. Durham is known for its access to several parks and recreational areas, allowing residents to enjoy outdoor activities and nature. The town's convenient location near major highways like Interstate 85, 15-501, 40, Highway 147, and 70 provides easy access to nearby cities and attractions providing the perfect blend of small-town charm and modern amenities, making it an appealing place to call home. In addition, calling all nature enthusiast, Jordan Lake is a must-visit destination. Located just southwest of Durham, Jordan Lake offers a picturesque setting with its sprawling reservoir and surrounding woodlands. The lake provides opportunities for boating, fishing, hiking, and picnicking, allowing residents to enjoy the great outdoors. Overall, living in this home in Durham provides not only a comfortable living space, but also access to a multitude of attractions and amenities in Durham, Chapel Hill, and the also home to Duke University, North Carolina Central University, UNC Chapel Hill, Durham Bulls Baseball Club, Tobacco Road Campus, showcasing a vibrant sports and cultural scene that adds to the charm and entertainment options of the area to call home!
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| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| Nov 7, 2023 | In contract | - | |
| In contract | |||
| Sep 28, 2023 | Price Decreased |
$484,900
↓ $15K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017