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1340 Cappoquin Way
About This Property
A welcoming foyer introduces refined living spaces including a formal dining room and an impressive living room accented by a coffered ceiling. The gourmet kitchen is designed to gather people together with granite counters, stainless appliances, an island, and breakfast area flowing seamlessly into the soaring family room with vaulted ceiling and gas log fireplace. Whether hosting holidays, intimate dinner parties, or casual evenings with friends, the layout was created for connection and comfort.
The main-level primary suite serves as a sanctuary of its own featuring a sitting area, trey ceiling, private access to the deck, and a spa-inspired bath complete with dual vanities, garden tub, luxurious tile shower with four body jets, and an expansive custom dressing closet.
Upstairs, a massive bonus room with full bath provides incredible flexibility for guests, recreation, work, or hobbies. The walk-out basement expands the home's entertaining possibilities even further with a spacious living area, dining space, kitchenette, theatre room, exercise/flex room, full bath, abundant storage, and an oversized bedroom/office/flex space with walk-in closet. Multiple exits lead to the covered patio and additional outdoor living areas overlooking the tranquil water.
Outside, custom landscaping frames every angle of the property, enhancing both privacy and beauty. From quiet mornings with coffee on the deck to evenings unwinding by the water with a glass of wine, this home offers a rare blend of luxury, serenity, and lifestyle in one of Alamance County's most sought-after 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