A striking blend of timeless architecture and elevated
craftsmanship, this custom residence by HJ Morris Construction
offers approximately 4,349 square feet of thoughtfully designed
living space and a three-car garage. The main level showcases a
light-filled family room with a stone fireplace, reclaimed red oak
mantel and custom built-ins, opening seamlessly to a spacious
covered porch with ceiling heaters. The chef's kitchen features a
professional appliance package, large center island and adjoining
scullery/pantry, while the dining room is enhanced by stained red
oak ceiling beams. A wine display and beautifully appointed mudroom
add both style and function. The luxurious main-level primary suite
features custom ceiling beams, a spa-inspired bath with a
zero-entry shower, freestanding tub, separate vanities and an
exceptional custom closet. A private study or fourth bedroom with
access to a full bath completes the first floor. Upstairs offers
two spacious bedroom suites, an additional study, expansive media
room, playroom and finished storage. Extensive millwork includes
beaded crown molding, substantial baseboards, red oak stair
details, designer accent walls and custom built-ins throughout. An
exceptional home where architectural character, sophisticated
finishes and modern livability come together beautifully.
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.
Turn-Key, Beautifully Maintained 0.96 PRIVATE Lot Located in a Quiet Cul-De-Sac within the Trenton Pointe Subdivision—Ready for You to Build Your Dream Home! The Property Already Provides a Concrete Driveway, Established Landscaping, and Over 20 Varieties of Mature Trees that Provide Natural Beauty and Privacy. All Drainage Systems and Utility Hookups are in Place, and the Level Building Pad can Accommodate a Large or Small Home. Ideally Situated Next to the New Trenton Road Extension of the 100-Mile Connected Greenway Trail System, the Lot Offers Direct Access to Biking and Walking Paths. The Entrance to Umstead State Park is Just a Few Blocks Away, with RDU Airport only 15 Minutes and NC State University just 5 Minutes From the Property. Check out the Video! CASH ONLY.
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