337 Sunset Hill Lane
About This Property
The heart of this home is the bright and inviting eat-in kitchen, showcasing an expansive center island, quartz countertops, custom soft-close cabinets, under cabinet lighting, stainless steel appliances and a stylish tile backsplash. For more formal occasions, entertain guests in the separate dining area. Retreat to the 1st floor primary suite, a true sanctuary with dual vanities, a custom hexagonal tile shower adorned with a frameless surround and a generous walk-in closet. An additional bedroom on the first floor comes with a full bath. Upstairs you'll find a 3rd bedroom & bonus room/4th bedroom with full bath. 2 car garage w/ epoxy floor. HUGE walk in unfinished attic space. Wi-Fi controlled recirculating tankless for on-demand hot water. Step outside to the screen porch and be captivated by serene water views, complemented by extensive landscaping And then there's ALL of the amenities, shopping, dining & entertainment that Wendell Falls has to offer & only minutes to DT Raleigh & I-540! Quick access to Wendell Falls trail system and future Wake County Lake Myra Greenway. Walking distance to Treelight Square. Come see this beauty for yourself...words can only say so much!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Price Decreased |
$675,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed by Carolina's Choice Real Estate | $685,000 | |
| Listed by Carolina's Choice Real Estate | |||
| Mar 28, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017