116 Tarnet Trail
About This Property
Community will feature pool & cabana, dog park and playground. HOA includes fiber internet! **Photos are representative only. Some features and design options may vary***USDA Eligible. 2 miles from downtown Angier and 5 miles from downtown Fuquay, 30 minutes from downtown Raleigh! Wake County Schools!
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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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$384,205
↓ $6K
(1.5%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$389,990
↓ $9K
(2.3%) | |
| Price Decreased | |||
| Mar 11, 2026 | Price Decreased |
$399,205
↓ $785
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017