7200 Rabbit Run
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%.
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 6, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Allen Tate/Wake Forest | $462,000 | |
| Listed by Allen Tate/Wake Forest | |||
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Discover comfort and convenience in this charming updated ranch in Horseshoe Bend, just minutes from downtown Wake Forest, Raleigh, and I-540! The inviting foyer leads to a spacious family room perfect for everyday living and entertaining. The chefs kitchen is framed by detailed columns and features granite counters, abundant amount of cabinets, an electric range, tile backsplash, and refrigerator conveys. Enjoy the dining area overlooking the backyard and deck. The private primary suite offers a walk-in shower. Two additional bedrooms share a full bath. Downstairs offers a large bonus room with many options from a workout area to an office. The fenced flat backyard includes a cozy deck, perfect for grilling and outdoor fun. This home blends style, function, and location for your ideal lifestyle! NO HOA & NO CITY TAXES. Kitchen renovation, Deck & Laundry room addition/renovation not permitted.
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| Jul 16, 2019 | Sold | ||
| Sold | |||
| May 10, 2019 | Listed by McKaig Real Estate Group | $289,900 | |
| Listed by McKaig Real Estate Group | |||
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About Horseshoe Bend
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Currently no similar homes aroundNearby Rentals
$2,100 /mo
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$1,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017