206 Lilliput Lane
About This Property
Step inside to discover an inviting layout featuring gleaming white oak hardwood floors throughout the main level and a thoughtfully designed floor plan. The spacious family room features a cozy gas log fireplace flanked by built-in shelves. Bright, open kitchen-ideal for gatherings and everyday living. Enjoy tranquil mornings on the rocking chair front porch or unwind in the evenings on the screened porch overlooking the fenced backyard, perfect for pets and play.
The home features a main-level primary suite with a stunning, newly renovated master bathroom, offering a spa-like retreat. A versatile bonus room upstairs provides additional space for an office, playroom, or guest quarters, while the walk-in attic boasts over 1,133 square feet of unfinished storage-ready for your personal touch.
Additional highlights include a two-car side-entry garage, a new roof and HVAC system installed in 2022, and a new hot water heater added in 2019. A new Energy Star dishwasher and Energy Star washing machine were installed in 2021, ensuring both comfort and efficiency. In 2022, the home received even more valuable upgrades including a sealed crawl space, aluminum fencing, a custom sink and faucet, new kitchen counters, and gutter guards-adding function, style, and long-term protection. In 2023, updates continued with a new dish disposal, a freshly painted exterior, and a new microwave-further enhancing this home's modern appeal and readiness.
The professionally landscaped yard is a gardener's delight, featuring vibrant hydrangeas, award-winning roses, and a curated selection of native plants that add color, fragrance, and seasonal interest throughout the year.
With its unbeatable location, generous updates, and private setting, this home is a rare opportunity in Wake Forest. Don't miss your chance to make this special property your own!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017