517 Future Islands Way
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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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Compass -- Raleigh | $489,900 | |
| Listed by Compass -- Raleigh | |||
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Happy Home on Amazing street! Welcome to the sought-after ''Happy'' floorplan, offering 3 bedrooms, a pocket office, and a loft! The gourmet kitchen features built-in oven, gas cooktop, custom vent hood, and quartz countertops. The spacious living area, complete with a gas fireplace, is filled with natural light plus an adorable pocket office perfect for various needs. Upstairs, you'll find a huge primary bedroom with a stunning bathroom, a spacious loft ideal for a playroom or game nights, a walk-in laundry room with linen storage, and two additional bedrooms. Top it off with a screened in porch, fenced in yard, and larger lot! Take a stroll to Hammock Park, the Farmhouse Cafe, Treelight Square, and more, all easily accessible from the ''farmhouse'' side of the street. Join the neighborhood everyone is talking about in one of the fastest-growing areas of the Triangle. It's not just a home; it's a lifestyle! Join us!
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| Dec 13, 2019 | Sold | ||
| Sold | |||
| Aug 29, 2019 | Listed by Garman Homes LLC | $308,320 | |
| Listed by Garman Homes LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017