9264 Palm Bay Circle
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 12, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | Listed by EXP Realty LLC | $950,000 | |
| Listed by EXP Realty LLC | |||
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Beautiful three side brick home with a finished basement in desireable Brier Creek Country Club! Five bedrooms including a first floor guest suite with hardwood floors and bay window, large kitchen with island that opens up to spacious family room with fireplace. Enjoy your morning coffee on the screened porch overlooking the wooded lot. Primary bedroom plus three additional bedrooms and a light filled loft are upstairs. Huge recreation room and 4th bathroom in the walk out basement. Hardwood floors, new carpet upstairs and fresh paint! Ton's of storage! Enjoy the awesome community amenities and the convenience of being 5 minutes to shops and restaurants, 10 minutes to RDU and RTP and 20 minutes to Downtown Raleigh or Downtown Durham.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017