5421 N Highland 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 |
|---|---|---|---|
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed | $470,000 | |
| Listed | |||
| | |||
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You'll feel tranquility in this country setting but be within 6 miles of downtown Durham, 4 miles to Duke University, 16 miles to RDU. No HOA! Major work and updates have been done within the last 10 years including a new roof, retaining wall, chimney repair, sealed crawlspace, replaced piping in crawl, new water heater & paint. Windows are double pane vinyl tilt-in. Hardwood floors throughout the majority of the home except tile in bathrooms & vinyl in kitchen, mudroom & laundry. Designed with function in mind, this home has a mudroom which connects the 2-car garage to the house, dedicated laundry room, kitchen & out the back to the 12 x 22 covered patio (previously screened). The backyard is completely fenced & features a 27 x 19 storage/shed divided into 2 large spaces. The kitchen has stainless steel appliances, granite countertops and connects directly to the large dining room & the family room with a gas fireplace and built in bookshelves. A separate living room and 1/2 bath complete the first floor. On the second floor you will find all 4 bedrooms & 2 bathrooms. The primary suite boasts double closets & dedicated full bath with walk in shower. Take a look at this house and envision how your personal touches will make this into your perfect home!
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| Aug 12, 2015 | Sold | ||
| Sold | |||
| Mar 11, 2015 | Listed by Dickerson Brady Realty, Inc. | $236,900 | |
| Listed by Dickerson Brady Realty, Inc. | |||
| Jun 11, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017