5008 Millstone 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Fonville Morisey/Cary Sales | $410,000 | |
| Listed by Fonville Morisey/Cary Sales | |||
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Welcome home to this 4bed, 3FULL bath home, w/new carpets & fresh paint throughout! You will love this floor-plan w/a large mudroom off the garage, a downstairs bedroom w/full bath, solid surface kit-counters, breakfast nook, gas range, sep dining area, bright & airy lighting, hardwoods down, a large owner's suite w/vaulted ceilings & walk-in closet. You'll love the performance of a gas water heater, gas HVAC & the newly installed Google Fiber internet! In the front yard you'll enjoy a rocking-chair porch w/new railing, a well manicured yard, & the backyard does not disappoint w/an attached storage-room, grilling deck, large fenced yard w/gate to a friendly creek behind AND NO HOA! Set in the friendly & highly desirable SW Durham area convenient to Southpoint Mall, RTP, RDU, Duke, UNC Chapel Hill, I-40, NC-54, NC-55 & a short walk, bike or drive to the local Parkwood swimming pool.
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| Mar 8, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Sold | ||
| Sold | |||
| Sep 26, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017