101 Spindle Drive
About This Property
modern convenience come together to create an exceptional living experience. Thoughtfully
designed and meticulously cared for, this residence offers spacious living areas, quality finishes,
and inviting indoor and outdoor spaces. The attached two-car garage provides direct access to a well-appointed kitchen featuring custom cabinetry, granite countertops, and a center island perfect for food preparation. Just off the breakfast nook, a charming brick terrace with lighting and natural gas access creates the perfect
setting for morning coffee, outdoor dining, or evening gatherings with family and friends.
The formal dining room showcases an oversized bay window and transom accents, while the
welcoming foyer opens to a spacious great room highlighted by hardwood floors, a floor-to-
ceiling stone fireplace with a marble hearth, and custom built-in cabinetry. A conveniently
located half bath and large storage closet are situated just off the great room.
The main-level primary suite serves as a private retreat, featuring an oversized bay window and
direct access to the terrace. The luxurious ensuite bath offers a double-sink granite vanity, garden
tub, walk-in shower, and an expansive walk-in closet.
Upstairs, you will find three additional bedrooms, two full bathrooms, new carpeting, generous
walk-in closets, and a large bonus room that could easily function as a fifth bedroom, media
room, recreation room, or home office. An oversized storage area with built-in shelving provides
exceptional organization space. Additional features include a whole-house H2O water filtration system, recessed lighting throughout, and beautifully landscaped grounds accented by brick walkways in both the front
and rear of the property. Ideally situated just 45 minutes from Charlotte Douglas International Airport, 15 minutes from Hickory, 20 minutes from Lake Norman, 1 hour from Boone, and 90 minutes from Asheville,
this home offers convenient access to recreational opportunities, mountain destinations, and all that Western North Carolina has to offer. Combining quality construction, generous living space, thoughtful updates, and timeless
appeal, this exceptional property offers a rare opportunity to enjoy comfortable living in a
peaceful and well-established community.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2026 | Price Decreased |
$595,999
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Jul 28, 2026 | Price Decreased |
$597,999
↓ $12K
(2%) | |
| Price Decreased | |||
| Jul 18, 2026 | Price Decreased |
$609,999
↓ $7K
(1.1%) | |
| Price Decreased | |||
| Jul 5, 2026 | Listed by EXP Realty LLC | $617,000 | |
| Listed by EXP Realty LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017