418 Averasboro Drive
About This Property
This 3 bedroom, 2 bathroom home features durable LVP flooring in the main living spaces, fresh neutral paint, and an open, light-filled layout. The bright eat-in kitchen offers stainless steel appliances, a view of the spacious backyard and patio, and flows seamlessly into the dining and living areas.
Enjoy thoughtful upgrades like faux wood blinds, ceiling fans in every bedroom, and an updated guest bath. The large primary suite includes a walk-in closet, providing plenty of storage. An attached 2-car garage adds convenience and functionality.
Perfectly located less than 2 miles from charming Downtown Clayton's shops and restaurants, with quick access to HWY 70, NC 42, and I-40 for an easy commute. Close to schools, grocery stores, and everyday essentials - this home truly has it all.
Contact the listing agent today for details or to schedule your private showing! Additional Photos and virtual tour coming next week!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$312,500
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Oct 17, 2025 | Price Decreased |
$314,500
↓ $500
(0.2%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Carolina Real Estate Associate | $315,000 | |
| Listed by Carolina Real Estate Associate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017