4318 Peachway Drive
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 |
|---|---|---|---|
| May 7, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed by Compass -- Chapel Hill - Durham | $749,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
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This is not your typical Garrett Farms home! Extensive updates and remodeling done make this a stunner! 5 bedrooms, 2.5 baths. This one is an easy choice as it feels like a new house in an established neighborhood. New kitchen, new baths, new paint, new lighting, new front door, windows, door hardware, and much more. Fireplace, hvac, deck, water heater, sealed crawlspace, siding, blinds, gutters, and other systems replaced in the last 4 years. The kitchen shines with shaker-style white cabinetry, quartz countertops, tile backsplash and stainless appliances (Bosch range & d.w.) Primary bedroom with cathedral ceiling and spacious bath (oversized tile shower with frameless glass, double vanity, white tile floor). Large flat rear yard, plus a deck featuring a shade gazebo. Great for summer cookouts! Garrett Farms offers a pool, clubhouse, & tennis courts and, of course, close proximity to Duke, downtown Durham, shopping, restaurants, and Chapel Hill. Ask listing agent for a list of recent improvements and come see 4318 Peachway Drive today!
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| Nov 30, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Listed by Lee 3 Team | $379,900 | |
| Listed by Lee 3 Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017