What's Special: Large Kitchen Island | Corner Lot | Covered Patio |
Loft | Close to Amenities. New Construction - February Completion!
Built by America's Most Trusted Home Builder. Welcome to the Harper
at 1025 Condor Junction Road in Eagle Trace! This spacious new home
is designed for both comfort and connection, featuring an
open-concept gathering room, dining area, and kitchen. Sliding
doors lead out to the covered outdoor living area for seamless
indoor-outdoor enjoyment. Upstairs, the generous owner's suite
offers a relaxing retreat with a walk-in closet and well-appointed
bathroom. Three additional bedrooms, a versatile loft, and a
centrally located laundry room provide plenty of space for work,
play, and relaxation. Enjoy serene walking trails, a playground,
and an open air pavilion just steps from home. Eagle Trace offers
comfort, connection, and small town charm-only minutes from Raleigh
and within the Wake County Public School District. Explore
Wendell's quaint downtown with its boutiques, restaurants, and
seasonal events. Additional Highlights Include: extended primary
shower with seat, fixed windows at owner's suite and gathering
room, additional sink at secondary bath, and boxed stairs with
truematch treads. Virtually staged photos are for representative
purposes only. MLS#10194099
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.
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