1400 Basley Street
About This Property
2-bath ranch-style home offers effortless one-level living in Wake Forest. Newly
refinished hardwood floors, freshly cleaned carpets, and a full interior refresh with new
paint make this home truly move-in ready. The thoughtfully designed kitchen features
stainless steel appliances, granite countertops, an island with bar seating, and a
spacious pantry, seamlessly opening to the family room with a cozy gas log fireplace
and newly installed hardwood floors. Enjoy meals in the breakfast nook or the formal
dining room, perfect for gatherings. The primary suite boasts a generous walk-in closet
and an en-suite bath with a dual-sink vanity, garden tub, and separate shower. A
secondary bedroom is equipped with built-in desk and shelving, making it ideal for a
home office. Step outside to relax on the screened porch or private deck, surrounded by
a peaceful setting. Additional features include a two-car garage with an optional lift
(Seller can convey or remove based on Buyer preference). Washer, dryer, and
refrigerator are all included for added convenience. This home combines style, comfort, and practicality in a prime location.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jan 30, 2025 | Listed by Hodge & Kittrell Sotheby's Int | $500,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| May 31, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017