402 Womble Drive
About This Property
and Campbell University, this charming ranch-style home offers the perfect blend of comfort and convenience. The spacious primary suite features a whirlpool garden tub,a separate shower, and plenty of room to relax. A finished bonus room above the garage provides additional space for a home office, playroom, or guest area. Natural light fills the home enhancing its ward and inviting atmosphere. Outside, a large yard presents incredible gardening opportunities, while the wraparound front porch is the ideal spot to unwind at the end of the day. Tucked away on a quiet street. Yet close to city limits, this home offers the best of both worlds-peaceful country living with easy access to modern amenities. Don't miss this opportunity to make it yours!
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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