4516 Conklin 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 |
|---|---|---|---|
| Apr 28, 2025 | Listed by Compass -- Chapel Hill - Durham | $499,500 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| Jul 30, 2017 | Listed | $220,000 | |
| Listed | |||
| | |||
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Showings begin Friday at 10:00am! Peaceful corner lot with incredible backyard. Easy and functional floorplan has just the right amount of room. Large kitchen opens into the dining area for perfect entertaining options. Living room with big bay window and arched doorway provides a perfect place to visit with friends. Convenient to Duke, UNC, RTP, RDU, and Southpoint mall. What more could you want in your next home! Soccer nets in the back play field convey for the little tikes and young at heart alike.The manager has listed the unit size as 1603 square feet.
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| Jul 27, 2017 | Sold | ||
| Sold | |||
| Apr 20, 2017 | Listed by Compass -- Chapel Hill - Durham | $220,000 | |
| Listed by Compass -- Chapel Hill - Durham | |||
| May 18, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017