301 Cameron Glen Drive
About This Property
The home has been thoughtfully updated and meticulously cared for. In 2024, the interior was fully painted, the bright kitchen refreshed with updates and a new refrigerator, and the guest wing bathroom enhanced with an updated shower. The exterior and driveway have been well maintained, and the home security system was upgraded to wireless, including serviced exterior cameras and an interior monitor.
Curb appeal shines with TifTuf Bermuda sod in both the front and back yards, complemented by professional landscaping and built-in irrigation systems that keep the lawn looking pristine. The fully fenced, level backyard features a spacious patio-perfect for grilling, relaxing, and entertaining. Stainless steel kitchen appliances convey and were replaced between 2020 and 2021, while the exterior of the home was painted in 2018. A whole-home Generac generator, also added in 2018, conveys with a transferable warranty through 2028, offering peace of mind year-round.
Additional highlights include a spacious main-level laundry room with LG washer and dryer, a Go Green energy barrier installed in the unfinished attic for enhanced efficiency, and a monthly pest control agreement for 2025 that transfers to the new owner.
Offering move-in readiness, extensive upgrades, and remarkable expansion potential, 301 Cameron Glen Drive is a rare opportunity in one of Apex's most desirable communities.
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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