3208 Norman Blalock Road
About This Property
The spacious layout includes large walk-in closets, a cozy electric fireplace (which conveys), and a new roof and HVAC system for added peace of mind. Enjoy outdoor living on the expansive deck, with a storage shed offering extra space for tools or hobbies.
This home is clean, move-in ready, and even offers the option for most furniture to be purchased or conveyed-just bring your personal touch!
Conveniently located near 540 for an easy commute to RTP, RDU, and downtown Raleigh. Close to shopping and dining in Fuquay and White Oak Crossing.
Don't miss this rare opportunity for a fully updated home in a prime location with no HOA!
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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