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1307 Chimney Hill Drive
About This Property
This charming home exudes warmth from the moment you arrive and has been lovingly maintained by its current owners. Inside, you'll find hardwood floors throughout the foyer, dining room, kitchen, and hall, adding timeless character and continuity to the main living spaces. The home offers 3 bedrooms, 2.5 baths, and a versatile bonus room, perfect for a 4th bedroom, a home office, playroom, or additional living area. Every inch of this home invites you to curl up with a good book and stay a while. The new water heater installed in 2026 and a new roof in 2020 will give you peace of mind.
When you walk outside you will discover a yard where mature trees and lush landscaping create a peaceful, storybook setting that is perfect for relaxing, entertaining, or simply enjoying nature. This is a rare opportunity to own a home full of charm in one of Apex's most established and friendly communities.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017