136 Gates Run
About This Property
The spacious primary bedroom is a true retreat, complete with a stylish barn door leading to an en-suite bathroom featuring updated sink and fixtures. Enjoy the outdoors year-round from the inviting covered front porch, or unwind in the fenced-in backyard surrounded by mature, lush landscaping, a peaceful setting for relaxing or entertaining.
Additional highlights include a detached 2-car garage and easy one level living, making this home as functional as it is beautiful. A quick jaunt from Roxboro, Durham, Chapel Hill, or Raleigh, this location is a prime spot for access to Guess Road! New roof approx 2022, HVAC approx 9 years old, Do not miss 136 Gates Run, Timberlake, NC!
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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