3
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459 Windfall Creek 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 |
|---|---|---|---|
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Listed | $550,000 | |
| Listed | |||
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Heavily treed lot available in beautiful Windfall Creek, one of Chapel Hill's most sought after custom home communities. Buyer must build with Empire Contractors Inc. Minimum square footage for homes in this beautiful community is 3500 ft.². Whether you're looking for a sprawling ranch home or a modern two-story farmhouse, Empire Contractors can bring your vision to life. Contact listing agent for details, send a plan and the builder can give you an estimate. One of the few remaining opportunities in Windfall, convenient to Highway 64, Apex, Pittsboro and Chapel Hill, this neighborhood has a lot to offer. County water is available, public road.
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| May 14, 2025 | Listed by Absolute Realty Company, LLC | $2,600,000 | |
| Listed by Absolute Realty Company, LLC | |||
| Feb 25, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017