356 Calvander Lane
About This Property
Upstairs, two additional bedrooms share a well-appointed hall bath, complemented by a large laundry room designed for everyday ease. The spacious owner's suite serves as a private retreat, featuring a tray ceiling, generous walk-in closet, and a luxurious attached bath with a large walk-in shower complete with seating. Every detail is designed for comfort and style, combining practical living with modern finishes throughout the home.
A rear-load two-car garage is accessible via a convenient drop zone area, providing seamless organization and entry to the home.
The Cottage Collection at Carolina Springs offers thoughtfully designed single-family homes within a premier master-planned community in Holly Springs, NC. Residents enjoy a lifestyle enriched with a full range of amenities, including a clubhouse, fitness center, swimming pool, play fields, pocket parks, tot lots, and scenic greenway trails. Carolina Springs is designed as a live-work-play destination, with easy access to local shopping, dining, and entertainment at Holly Springs Towne Center, just five minutes away. Womble Park, featuring athletic fields and recreational facilities, is only 11 minutes from the community. Commuters will appreciate nearby I-540, providing convenient access to top-tier employment centers throughout the Triangle region.
With its combination of thoughtful design, modern upgrades, and a convenient location, the Virginia plan offers an exceptional opportunity to enjoy Carolina Springs' vibrant lifestyle.
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Dec 15, 2025 | Listed by Lennar Carolinas LLC | $602,995 | |
| Listed by Lennar Carolinas LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017