357 Calvander Lane
About This Property
Upstairs, the central loft serves as a versatile secondary living space, easily adaptable as a media room, playroom, or home office. Surrounding the loft are three well-proportioned secondary bedrooms and a sprawling owner's suite designed as a true retreat. The owner's suite includes a spacious layout, walk-in closet, and an elegant bathroom with modern finishes. Every detail of this home has been designed with comfort and convenience in mind.
Beyond the home itself, Carolina Springs offers resort-style amenities that enhance daily living. Residents enjoy access to a clubhouse with a fully equipped gym, a sparkling swimming pool, playground, sand volleyball court, dog park, and scenic walking trails that encourage an active lifestyle. The community is also adjacent to its own commercial district, with exciting plans for an ice hockey complex and a new grocery store, ensuring that everyday conveniences are always close at hand.
The Sterling Collection at Carolina Springs features spacious new single-family homes tailored for modern living. With a prime location in Holly Springs, residents benefit from easy access to shopping, dining, and entertainment at Holly Springs Towne Center, located just five minutes away. Womble Park, with its athletic fields and recreational facilities, is only 11 minutes from the community. For commuters, nearby I-540 provides direct access to the Triangle's top employment centers, while Downtown Holly Springs offers vibrant local dining, shops, and community events.
Combining modern design, extensive amenities, and a premier Holly Springs location, this home in Carolina Springs presents the perfect opportunity to enjoy a well-rounded and connected 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 13, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Listed by Lennar Carolinas LLC | $686,740 | |
| Listed by Lennar Carolinas LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017