What's Special: Model Plan | Close to Amenities | Covered Patio |
Loft | Large Kitchen Island. - New Construction - February
Completion! Built by America's Most Trusted Home Builder. Welcome
to the Stella at 1029 Condor Junction Road in Eagle Trace! This
inviting new home blends open living spaces with everyday
functionality. The main level features a spacious gathering room,
dining area, and kitchen with a large center island and pantry,
creating a connected space for relaxing and hosting guests.
Upstairs, the private primary suite offers a large walk-in closet
and an upgraded bath with a walk-in shower and built-in seat. Two
secondary bedrooms share a full bathroom with dual sinks, while a
versatile loft and conveniently located laundry room provide
additional flexibility. A covered outdoor living area, welcoming
front porch, and two-car garage complete the home. 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: transom windows at great room and primary suite and boxed
stairs with laminate truematch treads. Photos are for
representative purposes only. MLS#10194036
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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