103 Trumbell Circle
About This Property
Step inside to find soaring vaulted ceilings and abundant natural light that enhance the open floor plan. The chef's kitchen is a true highlight, featuring granite countertops, a brand-new gas range, heated tile floors, and custom sliding drawers for added convenience. The primary suite on the main floor offers a peaceful retreat with a large walk-in closet, spa-like bath with heated tile floors, and a walk-in shower. A versatile first-floor office/guest room and main-level laundry add to the home's practical layout. Upstairs, you'll find two secondary bedrooms, a bonus room, and a cozy loft, perfect for play, study, or relaxation.
Enjoy year-round comfort in the 3-season sunroom, or gather around the gas fireplace on cooler evenings. Additional features include a 2-car garage, dual attic storage, an in-ground sprinkler system, and an active Terminix termite bond for peace of mind. Major updates such as a new water heater (2023), updated garage door (2023), and well-maintained HVAC units ensure worry-free living.
Ideally located, Ridgemont offers tree-lined streets just minutes from Lake Crabtree County Park, Morrisville Community Park, McCrimmon Corners shopping, and Research Triangle Park. With access to top-rated Wake County schools, this home truly has it all-comfort, convenience, and community.
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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%.
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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.
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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