309 Amaryllis Way
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by Redfin Corporation | $415,000 | |
| Listed by Redfin Corporation | |||
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Welcome to this charming two story, traditional home in the highly desirable Edgeford Park community of Wake Forest, with NO HOA. Located minutes away from the downtown historic district, 309 Amaryllis Way is in a prime location for those seeking shopping, restaurants all downtown Wake Forest has to offer. The owners have taken meticulous care of the home and have spared no expense of time, money or energy to add the necessary updates for its new owner. Many UPDATES include carpet, recently painted, New 6'' Seamless Gutters, New 50g Hot Water Heater, roof 2021, HVAC (2021 & 2023), LVP in Kitchen, exquisite molding and custom finishes throughout! Nestled on over a third of an acre and ready for your personal touch, this home offers a serene setting with mature trees and abundance of privacy. The home features a new stainless steel sink and garbage disposal, plus gleaming bamboo hardwood floors, intricate millwork and natural light throughout. The kitchen features NEW LG updated stainless steel appliances, beautiful maple cabinetry and a breakfast nook. The living room is the focal point of the main level with a vaulted ceiling, gas fireplace, ample space and access to the back deck. The large owner's suite comes equipped with a tray ceiling, huge walk-in closet and wonderfully designed bathroom. The large primary bathroom includes a dual vanity sink as well as a separate tub and shower. The secondary bedrooms are spacious and include a jack and jill bathroom design. Last but certainly not least is the backyard for this home. There is an oversized deck that makes it a wonderful space for hosting and entertainment. The backyard is extremely private and provides for ample options to make it a perfect outdoor enjoyment area. This is a wonderful home and opportunity that is conveniently located to Raleigh, 540 and everything the Triangle has to offer! MOVE-IN READY!
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| Dec 19, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2023 | Listed by GROSSMAN REAL ESTATE GROUP LLC | $399,999 | |
| Listed by GROSSMAN REAL ESTATE GROUP LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017