What's Special: Model Plan | Corner Lot | Gourmet Kitchen | Wooded
View | Fireplace. New Construction - January Completion! Built by
America's Most Trusted Home Builder. Welcome to the Ashford at 1184
Condor Junction Road in Eagle Trace! This spacious new home is
designed for both everyday living and entertaining. The gourmet
kitchen features a large center island, pantry, and adjoining
dining area that flow into the gathering room, where a cozy
fireplace creates a warm and inviting atmosphere. A first-floor
bedroom with a private bath offers flexibility for guests or
multi-generational living. Upstairs, the primary suite features a
tray ceiling, dual walk-in closets, and well-appointed bath. Three
additional bedrooms, a loft, and a shared bathroom with dual sinks
provide room for a variety of needs. Enjoy outdoor living on the
covered patio. Enjoy serene walking trails, a playground, and an
open-air pavilion just steps from home. Eagle Trace offers comfort,
connection, and small town charm-only minutes from Raleigh and
within the Wake County Public School District. Explore Wendell's
quaint downtown with its boutiques, restaurants, and seasonal
events. Additional Highlights Include: upgraded shower at primary
bath, sink at laundry, open rails, and laminate treads on stairs.
Photos are for representative purposes only. MLS#10197971
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.
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