8361 McGuire 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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Property Specific, LLC | $315,000 | |
| Listed by Property Specific, LLC | |||
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Whether you're looking for a primary residence or a proven income-producing investment, this property delivers. 8361 McGuire Drive is a fully updated 3 bedroom, 2.5 bathroom home featuring a new HVAC system (2024), a fenced-in yard with a private pool, a spacious outdoor patio, and a modern kitchen with updated appliances.
This property can serve as a turn-key investment or a fully furnished primary residence, as all furniture and household items convey with an acceptable offer making your move or rental setup effortless. Located just minutes from Capital Blvd., I-440, and I-540, you'll enjoy quick access to everything the Triangle has to offer. It's also just a short driving distance to Triangle Town Center Mall and walking distance to WRAL Soccer Park.
The current loan on this property is assumable and has a 2.875% interest rate - Inquire for more information.
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| Mar 24, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Allen Tate/Raleigh-Glenwood | $229,900 | |
| Listed by Allen Tate/Raleigh-Glenwood | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017