$395,000
●
House -
Off Market
228 Oakton Ridge Place
Garner, NC 27529
3 Beds
2 Baths,
1
Half Bath
2,250 Ft²
$2,368
Est. Monthly
$160
HOA / Fees
4.59%
Cap Rate
About This Property
Discover your dream home in a prime location! This stunning
residence boasts an inviting open floor plan, ideal for social
gatherings. The kitchen is a chef's delight, featuring elegant
granite countertops and modern stainless steel appliances,
complemented by a spacious eat-in area and a formal dining room.
Relax in the large, sunlit family room, complete with a cozy gas
fireplace. The expansive Master Suite is a true retreat, with
soaring vaulted ceilings and a luxurious Master Bath, including a
serene garden tub, separate shower, and dual vanities. Two
additional large bedrooms offer ample space, with an added delight
of must see custom-built bunk beds. The versatile Bonus Loft area
is perfect as a home office, entertainment room, or gaming space.
Step outside to a spectacular backyard oasis, featuring a charming
patio, firepit area, lush lawn, and full fencing. Situated just
moments from White Oak Crossing's dining and shopping, the charming
downtown Garner District, and a short drive to Downtown Raleigh,
this home is a must-see gem!
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$173
Property Type
House
Property Taxes
$293
HOA Dues
$160
Year Built
2018
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #2543304)
Price History
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Wake
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Listed by: Brian S Hargrove, Grow Local Realty, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2543304
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2543304
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