4706 Highview Place
About This Property
Inside, the open-concept layout is filled with natural light and highlighted by high ceilings, site-finished hardwood floors, and custom trim throughout (hardwoods in all living areas and bedrooms; tile in baths). A welcoming family room flows seamlessly into the eat-in kitchen, the true heart of the home, featuring a large island, quartz countertops, and abundant cabinetry-perfect for both everyday living and entertaining.
The spacious primary suite offers a well-appointed bath with dual sinks, a large walk-in shower, and an impressive walk-in closet. Upstairs, you'll find two generously sized secondary bedrooms and a versatile bonus room ideal for a home office, guest space, or recreation area.
Step outside to an expansive deck overlooking a peaceful, fully fenced backyard with nearly an acre to enjoy-ideal for outdoor living, pets, or future possibilities.
Conveniently located near the Beltline, schools, shopping, and Lake Johnson, this home delivers a rare blend of privacy, modern construction, and easy access to everything Raleigh has to offer.
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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