5 Deer Run Trail
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 6, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| May 3, 2025 | Listed by Berkshire Hathaway HomeService | $295,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | Listed by Peak, Swirles & Cavallito | $255,000 | |
| Listed by Peak, Swirles & Cavallito | |||
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Lovely completely wooded lot is a very private location at the end of Deer Run Trail. Seasonal views of the lake may be possible depending on the siting and design of the house. Creek runs along the northwest corner border. There are two options for a driveway, either directly off Deer Run Trail or around the corner on Old Lake Trail from the far southern end of OLT for the most privacy and quiet. The gate at the southern end of Old Lake Trail is locked so there is no two way traffic from Arrowhead Trail south of that point. The corners and side lines are marked. Private soil scientist report indicates posibility of 4 or 5 BRs depending on type of system chosen.
Enjoy an idyliic location with view of neigbors pond across the road. Stroll the meandering roadways and enjoy the tranquility of nature. Only 10 minutes to DT Historic Hillsborough with charming shops, galleries and delightful dining. Convenient to Duke, UNC & RTP with easy access to I-40 and I-85 toward Greensboro. MLS documents include private road maintenance agreement, soil reports, survey, covenants to be shared with buyers. 2024 Tax Bill not yet available. Internet providers include Starlink and Lomos. Buyer should confirm service options to their satisfaction.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017