646 Lake Glad 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 |
|---|---|---|---|
| May 6, 2016 | Sold | ||
| Sold | |||
| Mar 20, 2016 | Listed by Grist Realty Inc | $133,000 | |
| Listed by Grist Realty Inc | |||
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Simple country living! Just minutes from Wendell or downtown Raleigh, this charming ranch sits back on just under an acre of landscaped land and needs nothing but new owner. All electric and meticulously maintained means worry-free purchase. Perfect for someone who wants to be far enough out to see stars but still convenient to town. New owners will love the private deck and covered patio areas all year long.
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| May 7, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017