9508 Perry Road
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Coldwell Banker HPW | $330,000 | |
| Listed by Coldwell Banker HPW | |||
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42+ acres for sale in southern Alamance County. Reasonably priced but the property comes with a couple of caveats. There is an abundance of solid waste around 2 mobile home sites on the property. The mobile homes are of no value. The property must be cleaned up, by the BUYER, after purchase of the property. The solid waste cannot be buried on the property and the county will require weight tickets from an approved waste station. (See letter from Alamance Co. Env. Health in documents). Make all offers accordingly! The back of the property backs up to the Haw River and part of it is in a flood zone. There is a Duke Energy easement in place. This is a court ordered sale subject to a 10 day upset bid period. The owner/guardian live out of state.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017