2004 Snow Valley Road
About This Property
Lovingly maintained and spacious, designed for easy one-level living, this sunshine-filled home features 3 bedrooms and 2.5 baths, along with an open floor plan ideal for everyday living and entertaining. The partially finished basement provides versatile bonus space to suit multiple needs. Modern updates include oak hardwood flooring, Star Galaxy granite countertops, Italian kitchen tile, and a Trane HVAC system. Refrigerator, washer and dryer will convey. Home also has a sump pump and dehumidifier with a 3 year warranty.
Relax and enjoy the outdoors from the spacious deck and screened porch with ceiling fans, or take advantage of the property's perennial flowerbeds, composters, chicken coops, fig tree, and raised-bed gardens, all fenced within an approximate half-acre area with adaptable configurations perfect for gardening, pets, and play. Additional highlights include two garages with three total parking spaces and no HOA.
Conveniently located just 8 miles from Duke and only minutes to the Eno River, Penny's Bend, and hiking paths on the Mountains-to-Sea Trail. This is truly a unique property that blends comfort, functionality, and natural beauty!
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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