4712 Alderbrook Lane
About This Property
New roof (July)
New solid wood main-level flooring (May)
New solid wood staircase (June)
New quartz kitchen countertops & stove (May)
Fresh interior & exterior paint
This bright 4BR/2.5BA home offers over 2,000 sq ft, a 2-car garage, and an inviting open layout. The spacious living room with fireplace flows to a formal dining room with elegant chair rail, while an enclosed sunroom opens through an arched entry to a large kitchen with island and brand-new quartz countertops.
Upstairs, the vaulted primary suite features a walk-in closet, dual vanities, garden tub, and separate shower. The generous sized 4th bedroom-with walk-in storage-makes a perfect office or playroom.
Enjoy peaceful wooded views from the freshly stained oversized deck.
Bike-friendly neighborhood, new elementary school, and minutes to shops, Southpoint Mall, YMCA, American Tobacco Trail, and major highway; Quick access to Duke, UNC, and beyond.
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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