403 Ravenstone Lane
About This Property
The kitchen is designed for both practicality and connection, featuring ample cabinetry, a spacious island, and seamless sightlines into the main living area anchored by a cozy gas fireplace. The oversized primary suite offers a true retreat with a walk-in closet and a relaxing ensuite bath, while the additional bedrooms provide flexibility for guests, a home office, or creative space.
Freshly painted throughout and complemented by thoughtful landscaping, the home feels clean, refreshed, and move-in ready from the moment you arrive. Step outside to enjoy a private, fenced backyard perfect for morning coffee, pets, or weekend gatherings.
Located just minutes from RTP, Brier Creek, and major commuter routes like Highway 70, this home offers the perfect balance of comfort and convenience. With access to community amenities like a pool and the ease of low-maintenance living, this is a rare opportunity to enjoy space, location, and lifestyle all in one.
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Keller Williams Elite Realty | $370,000 | |
| Listed by Keller Williams Elite Realty | |||
| Jun 24, 2016 | Sold | ||
| Sold | |||
| Apr 21, 2016 | Listed by Keller Williams Elite Realty | $189,800 | |
| Listed by Keller Williams Elite Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017