5412 Garrett 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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2023 | Listed by Nest Realty of the Triangle | $779,900 | |
| Listed by Nest Realty of the Triangle | |||
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Come build your dream home at the Enclave on Garrett. This community will greet you with 7 new construction homes right in the heart of Durham. This community is set up for you to pick your home plan with budgets for you to build something you'll never want to sell. The Laurel Plan is ready to host you and your loved ones. This inviting floor plan has an open concept and amazing features that will make this house the hangout spot. The gourmet kitchen and large kitchen island is ready for any event. Above the garage, check out the bonus room can be converted into an at home office, a lovely media room, or ask us about making it a private entry guest suite. Once you head one up stairs, be welcomed by a lovely homeowners suite, 2 bedrooms and a fun little loft area. If you have someone staying with you, invite them to stay in the downstairs guest suite. The quality and finishes are second-to-none.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017