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1552 Mallard Trace Drive
About This Property
Beautifully executed, this open-concept home offers the perfect blend of design, functionality, and rare privacy. This main-level primary suite features a spacious layout and private retreat, while the guest bedroom with full bath is ideal for multi-generational living or visiting guests.
With the vaulted family room and open-concept design, this floor plan seamlessly connects the living and dining areas to the gourmet kitchen and screened porch --perfect for entertaining and everyday living.
Upstairs, you'll find a large bonus room--ideal for a media room, home office, or flex space--along with an oversized third bedroom with private full bathroom, creating a perfect second-level guest suite or private living area.
Located in the vibrant, amenity-rich community of Wendell Falls, this home offers access to walking trails, resort-style pools, various parks, and is walking distance to the Farm House. Minutes from the vibrant, downtown Wendell and short drive to Raleigh, RDU, and RTP, this home offers it all for $525,000!
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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