85 Rivers Edge Court
About This Property
peaceful views of the private backyard. The
beautifully appointed kitchen boasts custom cabinetry, granite countertops and stainless steel appliances-perfect for both daily living and entertaining.The main-level primary suite is a true retreat, offering direct access to a large screened porch with a charming cathedral bead board ceiling. Step from the porch onto the connected backyard deck, ideal for relaxing or hosting guests. Upstairs you'll find two large versatile bonus rooms, walk in closet, a full bath with sleek tile shower, plenty of attic cubbies and closets for extra storage. This upstairs space offers room for office, games, workout or possible multigenerational living. The house is hardiboard with eye catching rock look veneer covering foundation. Updates include new roof 2024, total exterior. painted and porch rescreened 2022. New water heater 2020. Minutes to 501, you have quiet country living with easy access to Durham, RTP, RDU and Virginia.
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Cap Rate Calculator
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 16, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Listed by West & Woodall Real Estate - S | $589,500 | |
| Listed by West & Woodall Real Estate - S | |||
| Mar 13, 2020 | Sold | ||
| Sold | |||
| May 9, 2019 | Listed by West & Woodall Real Estate - S | $389,900 | |
| Listed by West & Woodall Real Estate - S | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017