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1400 Applethorn Drive
About This Property
The main-level primary suite offers a private retreat with a walk-in closet and spacious bath, while the open-concept living area features soaring ceilings and a cozy gas fireplace--perfect for relaxing or entertaining. The kitchen and dining area flow effortlessly together, creating the ideal setting for slow mornings, easy hosting, and everyday moments that feel a little more special.
Upstairs, offers two additional bedrooms a large bonus room & walk-in storage!
Step outside to the screened porch and fenced backyard, where you can unwind, garden, or enjoy quiet evenings under the stars. The home's thoughtful design includes an oversized two-car garage inviting front porch, and manicured landscaping that enhances its curb appeal.
Located just minutes from Historic downtown Apex, parks, shopping, and dining, and zoned for top-rated schools, this home offers the perfect balance of community and convenience. Residents of Whitehall Manor enjoy access to a neighborhood pool.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017