400 Century Lane
About This Property
The spacious, level backyard is fully fenced and designed for both relaxation and functionality, featuring a pergola-covered patio and a storage shed. An added gravel parking area provides extra space for additional vehicles, boat, or RV parking.
Conveniently located just across from Union Pines High School and only minutes from Highway 27, this home offers easy access to Sanford, Southern Pines, Pinehurst, and Fort Bragg.
Preferred lender is offering below-market interest rates and a free appraisal for qualified buyers--contact listing agent for details.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017