2613 Howard Road
About This Property
As you approach, you'll be greeted by a beautiful 30x5 front porch, perfect for enjoying your morning coffee. The home boasts a spacious 26x17 back porch, ideal for outdoor entertaining. The circle drive ensures easy access and ample parking.
Located in one of North Raleigh's most sought-after neighborhoods, this home provides easy access to some of the area's best amenities.
You're just 15 minutes from Downtown Raleigh, 10 minutes from North Hills,
5.5 miles from Umstead Park,
3.5 miles from Shelley Lake, and
2 miles from both Lake Lynn Park and Sola Coffee.
Don't miss this chance to own a classic Cape Cod in a prime location, priced under $500k.
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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