4408 Moss Spring Drive
About This Property
The beautiful kitchen provides ample cabinetry and workspace and flows seamlessly into the main living areas. Well-sized bedrooms offer comfortable private retreats, while updated bathrooms add modern convenience. Recent improvements enhance both style and functionality throughout the home.
Outdoor space and deck allows for relaxation or recreation, perfect for enjoying time outside. Conveniently located near employment centers and local amenities, this home offers an ideal balance of comfort, efficiency, and location. A great opportunity for buyers seeking a move-in-ready home in Raleigh.
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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 13, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Mar 6, 2026 | Price Decreased |
$300,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Feb 23, 2026 | Relisted | $305,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017