6229 Old Fairground 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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | Listed by Mark Spain Real Estate | $169,800 | |
| Listed by Mark Spain Real Estate | |||
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Cozy Ranch in great area, minutes from I-40, no HOA, 3 bedrooms, renovated, easy access to Fuquay-Varina and RTP area.
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| Sep 28, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $84,900 | |
| Listed | |||
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Come see this cute as a button ranch home! Newly re-finished hardwoods greet you at the front door and the warm sunlight through the new windows will pull you in as you enter the kitchen that boasts stainless steel appliances, new cabinets and countertops. This summer you'll love to show off the new back deck at your next cookout!The manager has listed the unit size as 778 square feet.
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| May 12, 2017 | Listed by Re/Max One Realty | $84,900 | |
| Listed by Re/Max One Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017