204 Thorncrest Drive
About This Property
Recent improvements within the last few years provide added peace of mind, including a new hot water heater (2025), new refrigerator (2026), new garbage disposal (2026), updated pipes and drains under bathroom and kitchen sinks (2026), updated fixtures, new garage door opening, and so many more! These thoughtful updates ensure the home is well-maintained and ready for its next owner.
Ideally located near some of Apex's most convenient amenities, you're just minutes from Beaver Creek Commons, Target, Publix, restaurants, parks, and quick access to US-64 and 540 for an easy commute. A wonderful blend of comfort, updates, and location.
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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 Sunset Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017