2705 Everett Avenue
About This Property
Inside, you'll find three bedrooms, two full bathrooms, and a potential office with its own private exterior entrance. The home has been thoughtfully improved over time, including a new HVAC system in 2023, a new roof in 2024, and a fully remodeled primary suite-complete with a stunning bathroom and walk-in closet-finished in 2025. The kitchen was tastefully renovated in 2022 and opens beautifully to the newly sodded backyard, through brand new oversized sliding doors.
Enjoy the large, private backyard and concrete patio-ideal for relaxing or entertaining in a location that's truly at the center of it all. Classic architecture and thoughtful upgrades combine to make this home a rare opportunity in one of Raleigh's most beloved neighborhoods
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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 University
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017