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2053 Boiling Springs Road
About This Property
Gather around the fireplace with gas logs on cool evenings for an easy, low maintenance way to keep the home warm all winter long.
Step out the back door to a covered patio, a nice spot to relax outdoors rain or shine. The 2 car garage adds everyday convenience, and there's also a covered 2 car metal carport for additional vehicle or equipment storage. The full basement is a huge bonus, whether you need extra storage, a workshop, a home gym, or just unfinished space to make your own down the road.
The 1.2 acres give plenty of room to garden, entertain, or just enjoy some quiet space of your own. Just 10-15 minutes to shopping and restaurants in Wilkesboro, and about 30 minutes to Boone, this peaceful country setting offers the best of both worlds.
Come see this one in person, there's a lot to love here!
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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