739 Obsidian Way
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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 17, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by Coldwell Banker HPW | $365,000 | |
| Listed by Coldwell Banker HPW | |||
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Gorgeous home on a quarter acre privacy fenced lot overlooking a wooded HOA buffer. All the work has been done for you, including a new roof (2024), newer HVAC (2020) , new carpet, new light fixtures and fresh paint. Large kitchen features new granite counters, white cabinets, stainless steel appliances and recessed lighting. There is a second pantry closet that leads to additional storage under the stairs. Open floor plan highlighted by a gas fireplace in the living room. Lots of natural light throughout. Exit to patio through a newer Pella sliding glass door. Upstairs, you'll find a large primary bedroom with a tray ceiling, large walk-in, and a large soaking tub & shower. Nicely sized secondary bedrooms with ceiling fans. Large laundry room and washer & dryer convey. The carpet upstairs was just replaced. Oversized two car garage features a 240v outlet suitable for a car charger, two ceiling fans, recessed lighting, built-in shelving and a surge protector. The great backyard features a six foot high privacy fence, a large wired shed, a large play set, a fire pit and a garden area. This home has it all. Great location convenient to downtown Durham and RTP.
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| Nov 18, 2016 | Sold | ||
| Sold | |||
| Jul 14, 2016 | Listed by Coldwell Banker HPW | $168,000 | |
| Listed by Coldwell Banker HPW | |||
| Jun 27, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017