7 Deer Run Trail
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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Dec 30, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Peak, Swirles & Cavallito | $350,000 | |
| Listed by Peak, Swirles & Cavallito | |||
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The most private open field lot remaining in the Deer Run community with trees along 3 sides. Over 1300 feet of frontage along Deer Run Trail. This lovely, tranquil location is only 10 minutes to DT Historic Hillsborough with its charming shops, galleries and delightful eateries. Convenient to Duke, UNC and RTP with easy access to I-85 and I-40 toward Greensboro. Private road maintenance agreement. Private soil scientist reports indicate 4BR or 5BR options depending on the type of system. Please see reports, covenants, survey in MLS documents. 2024 Tax Bill not yet available. Tax Value listed does not reflect a current agricultural credit. Internet providers available in the area include Starlink & Lumos. Buyer should confirm their preferred service options.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017