147 Victorian Oaks Drive
About This Property
A beautiful 2-story family room with a fireplace, the kitchen offers an island, gas stove, 2 ovens, granite counters, and a lovely corner breakfast area.
The 4 season room has heating & cooling and is the perfect spot to watch the seasons change. The 2-tiered deck looks out over the fenced backyard. 3 heating zones (1 downstairs, 1 upstairs, 1 for the bonus room over the garage) The 2-car garage has built-in cabinets and wire shelving. Situated in Chamberlynne, with easy access to RTP, RDU, Duke, NCCU, UNC, and Southpoint Mall.
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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