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4701 Tommans Trail
About This Property
Step through the welcoming foyer into a breathtaking two-story family room, filled with natural light and designed for both relaxing and entertaining. The spacious kitchen flows effortlessly into the main living area and features brand-new stainless steel appliances--refrigerator, dishwasher, and stove--all yours to enjoy from day one! The entire first floor has brand new LVP flooring installed.
Upstairs, you'll find a private master bedroom and two additional bedrooms sandwiched between a second full bath, offering plenty of space for everyone. The conveniently located laundry room sits just off the kitchen and leads to your hard-to-find 2-car garage--an incredible bonus at this price point in North Raleigh.
With quick access to 540, 440, and premier shopping, this location puts you close to everything. Homes like this don't hit the market often, and when they do, they go fast.
Don't miss out--your opportunity to own in North Raleigh is here!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017