100 Meredith Lane
About This Property
Escape to the quiet side of Zebulon with this massive 3.94-acre property. It's the perfect ''Goldilocks'' lot--large enough for total privacy, yet already mostly cleared and ready to build.
Infrastructure Bonus: Includes a dormant well and septic system (condition unknown), offering huge potential savings for a guest house or a detached workshop.
Build-Ready: Gently rolling, cleared land means minimal site prep costs.
No HOA: Total freedom for your custom home, barn, or hobby shop.
Location: Minutes to downtown Zebulon and Hwy 64/264 for an easy commute.
Bundle Deal: Can be purchased with the adjacent 1.5-acre lot (96 Meredith Ln) for a total of 5.4+ acres. Sold as-is.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017