98102 Drummond 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 |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2017 | Listed by Governors Club Realty | $57,900 | |
| Listed by Governors Club Realty | |||
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Wonderful opportunity to build your dream home in Governors Club. Incredible location within the community. Live in right the middle of it all. Walk to the clubhouse, dining facilities, pro shop, pool, fitness center, tennis courts and playground. Conveniently located to RTP, RDU Airport, UNC, Duke, fabulous restaurants, shopping & entertainment. (NOTE: This is one of nine building lots available from the same seller. Buy one, or package them all together. Excellent builder or developer opportunity.)
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| Dec 23, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017