1212 Remey Avenue
About This Property
gas fireplace and access to the back porch. There is a first-floor home office and mudroom/drop zone near the front door. Upstairs, there is an open loft which is the perfect flex space to fit your individual needs. The primary suite offers a spa-like bath with two vanities, a walk in shower with designer tile and a walk-in closet. There are two additional bedrooms, which share a hall bath with two sinks and a laundry room. Don't miss the detached two-car garage with separate rear alley access and additional parking. Holding Village amenities including 5 parks, 15 acre lake, pool, pavilion, 35 acres of green space, nearby silo park, and close proximity to downtown Wake Forest
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Compass -- Raleigh | $525,000 | |
| Listed by Compass -- Raleigh | |||
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About Wake Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017