1115 Sepelo Way
About This Property
Discover the perfect blend of style, durability, and privacy in this stunning 3-bedroom, 2-bath modernist home, nestled on a serene 2-acre lot. With sleek design and thoughtful construction, this no-maintenance retreat features precast concrete walls, polished concrete floors, and a metal roof-built to stand the test of time while offering clean, contemporary living.
Enjoy blazing-fast fiber internet through Lumos, making remote work or streaming effortless. A large shed offers excellent storage or workshop potential, adding to the functionality of this unique property.
Inside, the open-concept layout is flooded with natural light, creating a warm and inviting atmosphere. The seamless indoor-outdoor connection invites you to enjoy the expansive lot, perfect for quiet relaxation or lively gatherings.
Ideally located just minutes from shopping, I-85, UNC, and Duke, you'll enjoy the rare combination of privacy and convenience.
This is not just a home-it's a lifestyle. Come experience modern living at its finest!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Price Decreased |
$549,900
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jul 3, 2025 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017