5004 Tapestry Terrace
About This Property
The updated kitchen features quartz countertops, a fresh backsplash, and a large single-basin sink. All appliances convey! The home has been freshly painted and includes important updates: roof (2023), HVAC (2020), and water heater (2025)-so you can move in with confidence.
Upstairs, the primary suite includes vaulted ceilings and an updated en suite bath, along with three additional bedrooms that work well for guests, home offices, or everyday living. A single-car garage adds extra storage and convenience.
Outside, enjoy a large, flat, fully fenced backyard with a patio and mature trees-ideal for relaxing or entertaining. The location offers easy access to the American Tobacco Trail, I-40, Duke, NC Central, Southpoint Mall, and Murray-Massenburg Elementary School.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Coldwell Banker Advantage | $419,000 | |
| Listed by Coldwell Banker Advantage | |||
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by Coldwell Banker Advantage | $449,000 | |
| Listed by Coldwell Banker Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017