101 Creekview Circle
About This Property
You'll love the convenience of being just moments from downtown Carrboro and its many attractions. Imagine strolling to local coffee shops and grocery stores with ease, and having the vibrant Carrboro Farmers' Market only a mile away. The peaceful walking trails of Spring Valley are also within easy reach for a lovely escape into nature. For those who enjoy the outdoors, the neighborhood boasts extensive walking trails, and the Carolina North trails are just a short distance away.
This gem is also perfect for entertaining, featuring a wonderful outdoor deck where you can relax and enjoy the sounds of nature. The home's open-plan layout includes two bedrooms on the first floor for added convenience, while the primary bedroom suite is located upstairs, offering a lovely view of the wooded area. Additionally, a spacious bonus room provides flexible space that could serve as a den or a home office, making it ideal for work-from-home families. The home also benefits from a new roof and fresh paint.
Don't miss this wonderful opportunity to make this beautiful house your new home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017