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4408 Nightfall Court
About This Property
This home lives large! The family room features vaulted ceilings, laminate flooring and a wood burning fireplace. The kitchen overlooks the backyard and has granite counters, a tile backsplash and a walk in pantry. The primary bedroom features a walk in closet and private bath.
Fresh paint and new carpet thoughout! Plus a new water heater in 2025 and the HVAC in 2020. Washer/Dryer and Refrigerator included.
This home is just minutes from shopping, dining, grocery stores, and everyday essentials, with easy access to I-40, RTP, Duke University, and RDU.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017