111 Rock Pointe Lane
About This Property
Inside, you'll find a light-filled layout featuring a first-floor primary suite for effortless living. The living room showcases warm hardwood floors and a cozy fireplace--perfect for relaxing or entertaining--while recently smoothed ceilings add a clean, contemporary touch throughout the home.
The kitchen is equipped with a natural gas range, complemented by a natural gas water heater and an updated high-efficiency heat pump for year-round comfort and efficiency. Upstairs, a versatile loft/bonus space provides flexibility for a home office, media room, or play area, along with two additional bedrooms and a full bath.
The home's exterior has been refreshed with durable fiber cement siding, offering both style and peace of mind. Enjoy easy access to Cary's public bus lines, as well as nearby shopping, dining, and an abundance of parks and greenway trails that make this location truly exceptional.
A rare opportunity to enjoy charm, updates, and location--all in one inviting home.
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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