$459,500
●
House -
Off Market
1221 Elk Falls Drive
Wendell, NC 27591
2 Beds
2 Baths
1,901 Ft²
$2,887
Est. Monthly
$195
HOA / Fees
About This Property
This is the one with all the bells and whistles!
Quality-built Ranch David Weekley Home on a gorgeous, landscaped lot. This 2BR + large office (or 3rd BR) plus walk up storage showcases thoughtful upgrades that make this home move in ready!
Enjoy a chef's kitchen with high-end gas range, oversized island, abundant cabinets, and a walk-in pantry. Light-filled dining and living areas shine with hardwood floors throughout (no carpet!). The luxurious primary suite features a tray ceiling, spa-style bath with double vanity, oversized walk-in shower, and custom closet system. A charming guest suite + spacious office complete the layout.
Relax on the screened porch, entertain in the fenced backyard, or take advantage of the garage with professional storage system, epoxy flooring, and WALK UP ACCESS TO BONUS/STORAGE!!
Extras included: plantation blinds, storage systems, fence, fridge, washer, and dryer (20k value)! Lawn care covered by HOA. All located on the coveted ''Farmhouse side''-just a short stroll to restaurants, shopping, trails, and more! Priced to move!
Quality-built Ranch David Weekley Home on a gorgeous, landscaped lot. This 2BR + large office (or 3rd BR) plus walk up storage showcases thoughtful upgrades that make this home move in ready!
Enjoy a chef's kitchen with high-end gas range, oversized island, abundant cabinets, and a walk-in pantry. Light-filled dining and living areas shine with hardwood floors throughout (no carpet!). The luxurious primary suite features a tray ceiling, spa-style bath with double vanity, oversized walk-in shower, and custom closet system. A charming guest suite + spacious office complete the layout.
Relax on the screened porch, entertain in the fenced backyard, or take advantage of the garage with professional storage system, epoxy flooring, and WALK UP ACCESS TO BONUS/STORAGE!!
Extras included: plantation blinds, storage systems, fence, fridge, washer, and dryer (20k value)! Lawn care covered by HOA. All located on the coveted ''Farmhouse side''-just a short stroll to restaurants, shopping, trails, and more! Priced to move!
Unit Size
1,901 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$242
Property Type
House
Property Taxes
$436
HOA Dues
$195
Year Built
2018
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 months ago (TMLS #10127206)
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About Wendell Falls
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Listed by: Emilee Carraway, Compass -- Raleigh
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10127206
Last Updated: 11 months ago
Data Source: TMLS, MLS# 10127206
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