189 Grey Hawk Drive
About This Property
Upstairs, the large owner's suite offers a soaking tub, separate shower, and a generous walk-in closet. Two additional bedrooms share a Jack-and-Jill bath with dual private vanity areas. Second floor laundry room for easy access.
Outdoor living shines with a large deck overlooking the patio and a fully fenced, expansive backyard that backs to a wooded buffer. Oversized patio is perfect for outdoor games or a second gathering area. Playset stays with home.
Located just minutes from shopping, dining, major commuter routes, and served by the Johnston County Public School System, this home offers a unique combination of space, flexibility, and privacy both inside and out.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017