PRINCETON SCHOOLS! DETACHED GARAGE/WORKSHOP! Custom Built by
a Local Builder!! MAIN LEVEL OWNER'S SUITE! This inviting 4
BEDROOM, 2.5 BATH home offers the perfect combination of comfort,
functionality, and convenience. Located in the highly desirable
PRINCETON SCHOOL DISTRICT and just minutes from HWY 70, this home
provides an easy commute to SMITHFIELD, GOLDSBORO, RALEIGH, and
surrounding areas. Inside, you'll find a spacious FAMILY ROOM
featuring CATHEDRAL CEILINGS and a cozy GAS LOG FIREPLACE, creating
a warm and welcoming space for relaxing or entertaining. The
well-designed KITCHEN features a GRANITE ISLAND, STAINLESS STEEL
APPLIANCES, and a WALK-IN PANTRY, offering plenty of room for meal
prep, storage, and gathering with family and friends. The MAIN
LEVEL OWNER'S SUITE is thoughtfully designed with TRAY CEILINGS, a
DOUBLE VANITY, WALK-IN SHOWER, and generous closet space. The SPLIT
BEDROOM FLOOR PLAN provides privacy for everyone, while the
additional bedrooms offer flexibility for family, guests, or a home
office. Everyday living is made easier with a LARGE LAUNDRY ROOM
featuring a sink and cabinetry, along with an ATTACHED 2-CAR GARAGE
for convenience. For those needing extra space, the DETACHED
GARAGE/WORKSHOP provides endless possibilities for hobbies,
storage, a workshop, or weekend projects and Plenty of Concrete
Drive and Parking Space. Enjoy your morning coffee on the COVERED
ROCKING CHAIR FRONT PORCH or relax year-round in the ENCLOSED BACK
PORCH overlooking the backyard. With its desirable location,
spacious layout, and incredible extra features, this home offers
the space you've been looking for both inside and out!
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.
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