102 Bathgate Lane
About This Property
102 Bathgate Lane offers spacious living on a private, beautifully landscaped half-acre homesite. This classic 3 story brick home has a 1st floor guest room with full bath, which has been renovated, a generous living room with floor to ceiling windows and fireplace and a fully renovated kitchen. The 2nd floor has a large primary suite, office, and 3 additional bedrooms. The 3rd floor has a large bonus / entertaining area with a bedroom and full bathroom. There is so much storage through out the home and additional storage in the walk-in crawlspace.
All of this while being conveniently located near Research Triangle Park, RDU International Airport, major highways, and Cary's shopping and dining destinations.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017