701 Veterans 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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| May 11, 2025 | Listed by Re/MaxDiamond Realty | $259,000 | |
| Listed by Re/MaxDiamond Realty | |||
| | |||
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Fantastic home near Elon University! 3 bedrooms, two of which have attached bathrooms. Large, private neighborhood lot at nearly half an acre with storage building. Recently, hardwood floors were refinished, electrical has been updated, and 2nd bathroom added. Roof replaced in 2020. Furnace in 2022. Spacious eat-in kitchen with generously sized kitchen island. Fridge, washer & dryer to remain.
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| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2023 | Listed by Alamance County Realty, LLC | $214,900 | |
| Listed by Alamance County Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017