Introducing the Mitchell floor plan in Wimberly -- one of the
community's largest and most versatile new construction homes,
ideally located in the peaceful Willow Spring area of Wake County.
Thoughtfully crafted for modern living, this expansive two story
design offers over 3,020 sq ft, 5 bedrooms, 3 bathrooms, and a 2
car garage, delivering exceptional space, comfort, and flexibility.
The open concept main level features a spacious kitchen with a
large center island and breakfast bar overlooking the great room --
an inviting setup for entertaining, meal prep, and everyday
gatherings. Enjoy the convenience of a main-level guest suite with
full bath, complemented by a formal dining room ideal for
gatherings. Relax year-round on the screened porch, with an
extended patio perfect for outdoor dining and entertaining.
Upstairs, a generous game room/loft provides an additional
living area perfect for a media room, home office, playroom, or
hobby space, giving homeowners the freedom to personalize their
layout. Located within the scenic Wimberly community, homes sit on
larger homesites, offering expanded outdoor space and greater
privacy -- a rare advantage among new construction neighborhoods in
the Triangle. The setting provides a calm, suburban feel while
keeping residents well connected to major employment hubs and
lifestyle amenities. Commuters will appreciate Wimberly's excellent
accessibility. The community is approximately 10 miles from the I
540 extension, offering smooth connectivity across the Triangle.
Residents can typically reach Research Triangle Park (RTP) and
Raleigh Durham International Airport (RDU) in 30-40 minutes, making
this an ideal location for professionals working throughout the
region. Everyday conveniences are also close by. Downtown Fuquay
Varina is roughly 15 minutes away, offering a variety of local
restaurants, breweries, shopping, parks, and year-round community
events in one of Wake County's fastest growing towns. Wimberly is
located within the highly regarded Wake County Public School
System, one of North Carolina's most recognized districts -- adding
long term value for homeowners. With its expansive layout, generous
homesites, and convenient access to I 540, RTP, RDU, and Fuquay
Varina, the Mitchell at Wimberly offers the ideal combination of
space, comfort, and Triangle accessibility.
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.
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