11617 Coachmans Way
About This Property
Inside, the home features soaring cathedral ceilings, beautiful 3/4'' hardwood floors throughout, and a spiral staircase leading to a loft, ideal for a home office, reading nook, or creative retreat. Large windows showcase breathtaking lake views and fill the open layout with natural light.
The property is being sold as-is and offers tremendous potential for updating and personalizing to your tastes. Priced accordingly, this home is perfect for buyers seeking a lakefront canvas in a premier North Raleigh location.
Community amenities enhance the lifestyle further, including a junior Olympic pool, clubhouse, playground, two tennis courts, and two lakes, ideal for recreation and entertaining year-round.
Located in an established North Raleigh neighborhood, Coachmans Trail offers charm, convenience, and easy access to shopping, dining, and major commuter routes. Opportunities like this--a lakefront ranch with cathedral ceilings, hardwood floors, spiral staircase loft, screened porch, expansive deck, and a full acre--are truly rare. Don't miss your chance to create your dream lakeside retreat.
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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