4511 Carson Layne
About This Property
This property stands out with its exceptional garage configuration, featuring two attached garages plus a separate detached garage, making it ideal for car enthusiasts, hobbyists, or anyone needing additional storage, workspace, or room for equipment.
Inside, the home features a must-have layout that allows for natural flow and comfortable everyday living. The kitchen showcases granite countertops and generous workspace, opening seamlessly into the main living areas. The primary suite provides a private retreat, while the additional bedrooms offer versatile space that can easily function as a home office, craft room, library, or bonus space depending on your needs.
Outdoor enjoyment centers around the covered back porch, offering a quiet place to relax while overlooking the fully fenced yard and landscaped surroundings that enhance the home's private setting.
The location adds even more appeal, with the property located approximately 10-15 minutes from Falls Lake, a 12,000-acre recreation destination known for boating, fishing, hiking, and outdoor activities.
Another major advantage is the lower Granville County property taxes, which are notably lower than neighboring Franklin and Wake counties, offering long-term savings while still remaining conveniently positioned within reach of the Triangle region.
For buyers specifically searching for no HOA restrictions, this property offers the freedom and flexibility to enjoy your land without the limitations commonly found in HOA communities.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Mark Spain Real Estate | $499,000 | |
| Listed by Mark Spain Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017