Custom Built Home by Award Winning Local Builder Cantiere Homes!
POOL LOT! Site Finished Hardwoods throughout home- NO Carpet!
Primary & Private Office on 1st Floor! Gorgeous Kitchen w/Custom
Cabinets, Porcelain Countertop & Backsplash, Oversized Island,
Custom Range Hood w/Porcelain & Pot-filler! Scullery w/Sink, Wine
Cabinet, Porcelain Countertop & Backsplash, Custom Cabinets, &
Custom Painted Wood Shelving! The Family Room: with Huge Glass
Slider for Natural Light, Gas Fireplace w/Full Wall Tile, Custom
Cabinets & Floating Shelving w/LED Lighting! The Primary Bedroom:
w/Full Wall Trim & Tons of Windows for Natural Light. Primary Bath:
with Custom Vanity Cabinets, Wet Area w/Tile to Ceiling,
Free-Standing Tub & Private Water Closet! Office w/ Full Glass Wall
& Double Doors! 2nd Floor offers 3 Bedrooms w/Walk-In Closets
w/Painted Wood Shelving! Bonus Room w/French Glass Doors, Custom
Wine Bar w/Custom Cabinets, Quartz Countertop, Herringbone Style
Backsplash, & Floating Shelves. Huge Unfinished Storage w/Window.
Rear Screened Porch w/Gas Fireplace & Flagstone Flooring! Sealed
Crawl Space!! Sorrell Oaks Community includes almost 2 miles
to walk! Located off Capital Blvd edge of Wake Forest!
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.
Interior Features: Bookcases, Breakfast Bar, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Bathtub/Shower Combination, Primary Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Shower
Appliances: Dishwasher, Exhaust Fan, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
Flooring Type: Carpet, Hardwood, Tile
Door Features: Sliding Doors
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
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