35 Wilcox Road
About This Property
Renovated in 2022, the home features a showpiece chef's kitchen with quartz surfaces, custom cabinetry, induction cooking, a wall oven with air-fry, and a bright breakfast nook. An open, elevated layout flows into designer baths, refinished red oak floors, new siding with cedar accents, a 2021 roof, and a sleek new carport and fencing.
Updated systems-PEX plumbing, electrical, and mini-split HVAC-deliver turnkey comfort. The home sits on a multifamily-zoned lot, offering rare flexibility for expansion or future development. Lush four-season landscaping includes 40+ native plantings. The property also includes a separately deeded 0.34-acre parcel zoned for general business-perfect for a studio, shop, or additional build.
Just a short sidewalk stroll to downtown Tryon and steps from the upcoming Saluda Grade Rail Trail, this home blends luxury living with effortless walkability and a serene streamside setting. One owner is a licensed NC/SC agent.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 12, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$472,500
↓ $17K
(3.4%) | |
| Price Decreased | |||
| Dec 12, 2025 | Relisted | $489,000 | |
| Relisted | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017