1336 Ileagnes Road
About This Property
This charming and elegant home has been meticulously maintained and offers 3 bedrooms, 2 1/2 baths, and a versatile loft space. The first floor has gleaming hardwood floors, crown moldings, and wainscoting that add a touch of sophistication throughout. The spacious living room has plenty of natural light, and you will love the space for entertaining. The Kitchen is open and overlooks the Family Room/Dining Room and has a wonderful eat in Breakfast Nook.
The kitchen features stainless steel appliances including a new microwave, granite countertops, and a raised bar with seating. Glass accent doors on the upper cabinets highlight the craftsmanship, while the adjacent breakfast nook leads out to a Huge screened porch-an ideal spot for morning coffee or evening gatherings.
Upstairs, the expansive primary suite awaits with ample windows and crown molding. Primary bath has a relaxing primary bath with dual vanities, a large jetted tub, a walk-in tiled glass shower and large walk-in closet with built-in shelving. Two additional bedrooms, a full bath with dual vanities, and a versatile loft space provide plenty of room for family and guests. A large laundry room adds convenience.
Outside, you will find a beautifully crafted screened porch featuring skylights, and accent trim. A deck adjacent to the porch and a landscaped yard extend the living space outdoors. With a new roof added 2020, updated HVAC, added irrigation system and other recent upgrades, this home offers peace of mind in addition to its undeniable charm.
Beyond its beauty, Renaissance Park offers a lifestyle, with amenities including a pool, clubhouse, fitness center, and tennis courts-all just minutes from downtown Raleigh and major triangle highways including I-40 and 440. Enjoy easy access to shopping, dining, and entertainment, making this home a haven in an unbeatable location.
Experience Southern living at its finest in your own Charleston-inspired retreat.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017