3020 Red Grape Drive
About This Property
Conveniently situated near major employment hubs and vibrant amenities, this home in the Brandywine community offers unmatched accessibility and convenience. Just a stone's throw away from SAS, the PNC Center, and the exciting future developments in the area, you'll find yourself at the heart of Raleigh/Cary's thriving business and entertainment scene.
Moreover, with The Fenton development and downtown Cary nearby, you'll have endless options for dining, shopping, and entertainment right at your fingertips. Plus, easy access to Interstate 40, the airport, and RTP ensures that commuting is a breeze, allowing you to spend less time on the road and more time enjoying everything this vibrant region has to offer.
As you step inside, you're greeted by an inviting open floor plan that seamlessly connects the kitchen, breakfast area, and family room. Whether you're entertaining guests or enjoying a quiet family evening, this space is designed to accommodate your every need.
For those special occasions, there's a separate dining area and formal living room, providing ample space for gatherings and celebrations. Additionally, a flexible space on the first floor serves as a home office, perfect for remote work or can easily be converted into a fifth bedroom to suit your preferences.
Upstairs, retreat to the luxurious primary bedroom featuring a spacious layout, complemented by a large walk-in closet for all your storage needs. Additionally, three generously sized bedrooms offer ample space for family or guests, accompanied by a full bath for added convenience. A versatile loft space provides the perfect area for relaxation or entertainment, allowing for endless possibilities to customize this home to your liking. Finally, don't forget the walk-in unfinished attic space, ensuring that you have all the room you need to keep your home organized and clutter-free.
Outside, the lot is strategically positioned to buffer against the HOA wooded common area, providing additional yard space and a peaceful backdrop for outdoor activities and relaxation. Step out from the main living area onto the screened-in porch, where you can enjoy the serene surroundings and fresh air in comfort and style. Whether you're savoring your morning coffee or hosting a barbecue with friends and family, this tranquil outdoor space is the perfect retreat for all seasons.
With its prime location, versatile floor plan, and thoughtful features, this home in the Brandywine community offers the perfect blend of convenience and comfort. Don't miss out on the opportunity to make it yours! Schedule a showing today.
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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