704 Constitution Drive #D
About This Property
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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%.
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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 17, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Nest Realty of the Triangle | $399,000 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
|
Dripping in charisma, this Pebble Creek home lends you the peaceful backdrop of the Duke Forest canopy and the pizazz of contemporary design. Fireplace framed great room with floor to ceiling windows, open floor plan, floating staircase, high sloped ceiling upstairs bedrooms, vaulted upstairs bedrooms, updated bathrooms, and private back deck - this one will have you working down your checklist. Neighborhood clubhouse, pool, tennis/pickleball, dog park to boot, Duke Forest trails out your back door, 7 minutes to Duke gates and 10 minutes to downtown. Enjoy this simple, yet thoroughly realized condominium with amazing neighborhood amenities and a fantastic community of residents. Freshly painted 2024!
| |||
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Aug 28, 2018 | Listed by Redfin Corporation | $180,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2024
|
3 Bed
|
2 Bath
|
1838 ft²
|
$399,000
3 Bed
2 Bath
1838 ft²
|
$449,300
+12.61%
06/17/2024
|
Kenneth Jackson
Nest Realty
| |
|
03/21/2024
|
3 Bed
|
2 Bath
|
1936 ft²
|
$450,000
3 Bed
2 Bath
1936 ft²
|
$470,000
+4.44%
04/29/2024
|
Howie Freiling
Fonville Morisey/Brier Creek S
| |
|
03/21/2024
| |
3 Bed
|
2 Bath
|
-
|
$450,000
3 Bed
2 Bath
|
-
-
|
Howard Freiling
Brier Creek
|
|
04/12/2022
|
3 Bed
|
3 Bath
|
1720 ft²
|
$350,000
3 Bed
3 Bath
1720 ft²
|
$435,000
+24.29%
05/05/2022
|
Sonya May
Keller Williams Realty Cary
| |
|
05/02/2019
|
4 Bed
|
3 Bath
|
2120 ft²
|
$245,000
4 Bed
3 Bath
2120 ft²
|
$255,000
+4.08%
06/06/2019
|
Andrea Kubachko
Urban Durham Realty
| |
|
08/28/2018
|
3 Bed
|
2 Bath
|
1719 ft²
|
$180,000
3 Bed
2 Bath
1719 ft²
|
$170,000
-5.56%
11/30/2018
|
Laura Bourbonnais
Redfin Corporation
| |
|
11/10/2016
|
3 Bed
|
3 Bath
|
1714 ft²
|
$189,900
3 Bed
3 Bath
1714 ft²
|
$187,000
-1.53%
01/23/2017
|
-
| |
|
03/17/2016
|
3 Bed
|
2 Bath
|
1932 ft²
|
$189,500
3 Bed
2 Bath
1932 ft²
|
$183,000
-3.43%
07/05/2016
|
Leslie Mansfield
Coldwell Banker Advantage
| |
|
02/26/2016
|
3 Bed
|
3 Bath
|
2250 ft²
|
$165,000
3 Bed
3 Bath
2250 ft²
|
$165,000
08/05/2016
|
Liz Schoeneberger
West and Woodall Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017