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120 Alice Drive
About This Property
The primary suite offers a true retreat with a trey ceiling, barn door accents, and a spacious en-suite bath featuring a tile walk-in shower and walk-in closet.
The finished basement provides additional 3 bedrooms and living space along with a bedroom featuring its own walk-in closet, ideal for guests or extended living.
Exterior highlights include a fenced privacy yard and an attractive combination of stone and vinyl siding, adding both curb appeal and durability. Enjoy the benefits of newer construction in a convenient Waynesville location. There is over 2,100 sq ft of finished living space and approximately 2,567 sq ft in total. Buyer to verify measurements.
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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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Relisted | $273,500 | |
| Relisted | |||
| Jun 5, 2022 | No longer available | - | |
| No longer available | |||
| Jan 17, 2022 | Listed by Walker Real Estate Team | $273,500 | |
| Listed by Walker Real Estate Team | |||
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Be the first to live in this new construction Rainier floor plan! This lot is open to the floor plan of your choice. Build this home to be whatever you want but hurry construction is underway NOW!! Choose everything from flooring, countertops, cabinets, fixtures, mirrors, appliances, paint color and MORE. You will be impressed with all of the custom selection options that are available at no additional cost. This home is located within the Waynesville School District, close to FLW and everything Waynesville has to offer. Standard features: luxury vinyl plank flooring, granite, custom cabinetry, center island, vaulted and tray ceilings, plus epoxy garage floor and more. Come take a look on Alice Court & see why Life Is Good At The Top! The manager has listed the unit size as 2163 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017