3405 Barn Road
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by The Douglas Realty Group | $685,000 | |
| Listed by The Douglas Realty Group | |||
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Welcome to your dream home at 3405 Barn Rd, Apex, NC 27502! This stunning 4-bedroom, 2.5-bathroom residence, built in 2018, offers modern elegance combined with the comforts of everyday living. The covered front porch welcomes you home and adds a charming touch to the curb appeal. Step inside to discover an inviting open-concept living area that seamlessly connects the spacious living room, cozy breakfast nook, and bright sunroom, perfect for entertaining or enjoying quiet moments with family. Separate dining room would make a great flex space that could be used as a home office. The gourmet kitchen is a chef's delight, featuring a massive island, gas cooktop, built-in oven, microwave, and a walk in pantry, making meal prep a breeze. Retreat to the expansive master suite, where you'll find a tray ceiling, a luxurious ensuite bathroom with dual vanities, a walk-in shower, and an oversized walk-in closet that provides ample storage. The versatile loft area serves as a central hub, leading to three additional nicely sized bedrooms, ideal for family or guests. Enjoy outdoor living in your fenced backyard, perfect for pets or gatherings. Located in a community with excellent schools, you'll have access to a refreshing pool, a playground, and scenic walking trails. Conveniently situated in a prime Apex location, you're just minutes away from shopping, major highways (540, 64), and the serene Jordan Lake. Don't miss the opportunity to make this beautiful house your home! So much to love!
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| Dec 31, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2018 | Listed by Meritage Homes of the Carolina | $419,000 | |
| Listed by Meritage Homes of the Carolina | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017