2949 Historic Circle
About This Property
Welcome to this beautifully crafted 4-bedroom, 3-bathroom residence in the highly sought-after Kitts Creek neighborhood. Designed with elegance, functionality, and lifestyle in mind, this home features a spacious sunroom perfect for relaxing or entertaining.
Key Features:
4 generously sized bedrooms & 3 full bathrooms
First floor guest suite , Full batch and an office room.
Large sunroom with abundant natural light
Fully paid water softener and purifier system
Washer, dryer, and refrigerator which is in sunroom included
Location Highlights:
Minutes from Wegmans, Walmart, and Grace Park Shopping Center
Easy access to Research Triangle Park (RTP) and RDU Airport
Close to top-tier educational institutions:
Duke University & UNC Chapel Hill - ~20 minutes
NC State University - ~15 minutes
Wake Tech College - just a few miles away.
Zoned for Wake County Public Schools, one of the top-rated districts in North Carolina.
Community Amenities: Kitts Creek offers resort-style living with a clubhouse, pool, tennis courts, dog park, and walking trails. The neighborhood is known for its architectural charm, vibrant community events, and proximity to major employers like SAS, Cisco, and Fidelity Investments.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017