109 Utah Court
About This Property
The highly sought-after Wayfare floor plan features a spacious and versatile two-story design with 2,267 square feet of thoughtfully curated living space. The main level includes a private bedroom with a full bathroom-perfect for guests or a home office-alongside open, light-filled living areas that seamlessly connect the kitchen, dining, and living spaces. Laminate flooring throughout the main areas enhances both style and functionality, creating an inviting atmosphere for everyday living and entertaining.
Upstairs, the primary bedroom serves as a private retreat, complete with a spa-inspired ensuite featuring a walk-in shower, garden tub, and double vanity sinks. Two additional bedrooms share a full bathroom, offering comfort and flexibility for family, guests, or work-from-home needs. A centrally located laundry room adds convenience, while the expansive loft area provides versatile space for a media room, play area, or second living area.
Step outside to the covered rear porch, perfect for relaxing or entertaining while enjoying outdoor living. With its modern design, flexible layout, and prime Spring Lake location, this Wayfare presents an exceptional opportunity for today's buyer seeking comfort, style, and functionality.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 8, 2026 | Price Increased |
$346,990
↑ $10K
(3%) | |
| Price Increased | |||
| May 15, 2026 | Price Increased |
$336,990
↑ $1K
(0.3%) | |
| Price Increased | |||
| Apr 13, 2026 | Price Increased |
$335,990
↑ $1K
(0.3%) | |
| Price Increased | |||
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About Harnett
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017