402 Twin Elms
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 |
|---|---|---|---|
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Dec 4, 2020 | Listed by Berkshire Hathaway HomeService | $419,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Incredible 3bed/2bath updated home on over 2acres, just minutes from Chapel Hill! Wonderfully open floor plan with hardwoods throughout, updated kitchen with granite counter tops and stainless steel appliances. The massive living room has vaulted ceilings with skylights and oversized windows looking out to the beautiful and secluded 2acre fenced in lot! Large master bedroom with walk in closet and huge master bath that has new tile and granite countertops. This property is truly one of a kind!
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| Oct 4, 2019 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by Tony Hall & Associates | $400,000 | |
| Listed by Tony Hall & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017