12298 WAKE FOREST ROAD
About This Property
The main level showcases gleaming hardwood floors, abundant natural light, and a dramatic two-story family room with soaring 18+ foot ceilings, a gas fireplace, and stunning floor-to-ceiling windows. The spacious kitchen is designed for both everyday living and entertaining, complete with 42" cabinetry, stainless steel appliances, a large center island, and a generous pantry.
Upstairs, you'll find four well-appointed bedrooms, including a luxurious primary suite with a large walk-in closet and an expansive en-suite bath featuring dual vanities, a soaking tub, and a separate shower. The secondary bedrooms are generously sized and share a hall bath with dual vanities.
The finished lower level offers additional living and entertaining space, highlighted by a wet bar and ample storage.
Enjoy outdoor living at its finest with a screened-in porch and an open deck overlooking the private, tree-lined backyard. Conveniently located near top-rated schools, shopping, dining, and major commuter routes. Low HOA and no CPRA fee make this an exceptional opportunity in one of Clarksville's most desirable neighborhoods.
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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.
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About Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017