4608 Regency Drive
About This Property
Upstairs, the expansive primary suite boasts a walk-in closet, double vanity, garden tub, and separate shower. Four additional bedrooms on the second floor offer plenty of space for family, guests, or home offices.
Enjoy outdoor living with a private fenced backyard, a spacious deck for entertaining, and a 2-car garage. Hope Valley Farms is known for its family-friendly atmosphere, scenic parks, and convenient access to downtown Durham, Duke University, the Research Triangle Park, and a YMCA located within the neighborhood . This home is a rare find in a vibrant, close-knit community.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Price Decreased |
$680,000
↓ $14K
(2%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$694,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jul 12, 2025 | Price Decreased |
$699,000
↓ $31K
(4.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017