505 Graham Moore Road
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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2024 | Listed by Bold Real Estate | $899,000 | |
| Listed by Bold Real Estate | |||
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Over 19 Acres Situated across Highway 64 from the prestigious Wolfspeed Silicone Carbide Manufacturing Megasite. This is a unique opportunity for those looking to capitalize on the area's burgeoning economic growth. Fantastic road frontage and two entrances (north and south) on Graham Moore Rd from Highway 64. Located in the Siler City ETJ & Opportunity Zone, and close to the Carolina Core development. There are currently 9 trailers (or mobile homes) which generate a monthly $4200 in cash flow. 5 contiguous lots with individual septic systems and power meters. 2 wells.
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| Nov 30, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017