114 Sir Walker Lane
About This Property
With five spacious bedrooms plus a dedicated office, this home offers room to grow and flexibility for modern living. Whether you need space for guests, a quiet home office, or a bonus spot for hobbies or workouts, you'll have it here. The first-floor primary suite is a highlight, providing the comfort of single-level living with a private retreat that's perfectly tucked away from the main living areas. Upstairs, four additional bedrooms ensure that everyone has their own space to unwind and recharge.
This home has been thoughtfully maintained and updated, sparing you the stress of big projects. Fresh interior paint and plush new carpet (2022) create a bright, inviting atmosphere throughout. A tankless water heater (2023) means endless hot showers, a sealed crawl space keeps things clean and dry, and a new roof (2020) adds long-term confidence. Even the outdoors has been taken care of, with a full irrigation system to keep your lawn looking lush without the extra weekend chore list.
And while the home itself is exceptional, the location truly completes the picture. Situated in a quiet, well-established neighborhood, you'll enjoy a sense of retreat while still being incredibly connected to the best of the Triangle. With Highways 55 and 540 just minutes away, you'll have easy access to Cary, Apex, and Durham, plus a quick trip to RDU International Airport, making travel-whether for work or fun-effortless. Nearby shopping centers, restaurants, grocery stores, and parks mean everything you need is right around the corner, so errands and entertainment never require a long drive.
This home offers more than just square footage and updates-it's a place designed to make daily life easier, gatherings more memorable, and travel a breeze, all in a location that keeps you close to everything while giving you space to breathe.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017