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1723 Rustic Arch Way
About This Property
The main level features an oversized dining room that can easily serve as an additional family or flex space. The family room includes a gas fireplace, creating a warm and inviting gathering area. The kitchen opens seamlessly to both the breakfast area and family room, allowing for easy interaction while cooking and entertaining.
Just off the breakfast area, a sliding glass door leads to a large, private covered porch-perfect for outdoor relaxation or entertaining. The backyard also includes a storage shed, offering convenient additional space.
Upstairs, you'll find all four nicely sized bedrooms along with two full bathrooms, providing a practical layout for everyday living. The home primarily needs cosmetic updates such as paint and carpet, making it a great opportunity to add value and personalize the space.
The property is located in the Cabarrus County portion of the Huntersville address area, offering the benefits of a suburban setting while remaining close to surrounding amenities and commuter routes.
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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