180 Kimberling Drive
About This Property
The kitchen boasts granite tops, SS appliances with gas slide in range, tile backsplash and a pantry closet. With an eat at island and a connected dining room, all your loved ones will feel at home when gathering for weekly meals.
Luxury vinyl plank flooring in main living areas with carpet in bedrooms. A mud room, separate laundry room and large walk in storage closet will keep your stuff organized and clean. And with a 2 car garage with passage door, keeping organized is easier than ever.
Clearwater Creek is located just north of Youngsville and a short drive from Wake Forest. With a community pool and beautiful vistas, you will love this quaint friendly neighborhood.
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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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About Franklin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017