501 Northwoods Drive
About This Property
Step inside to discover a beautifully updated interior featuring a warm and welcoming atmosphere. The living spaces are complemented by a spacious screened porch-a perfect spot to enjoy your morning coffee or unwind after a long day.
The first-floor guest room ensures added convenience for visitors, while the attic offers additional storage options. The kitchen is a chef's delight, complete with a pantry and modern appliances, perfect for preparing delicious meals. Enjoy the luxury of a spa-like experience in the bathrooms, designed for ultimate relaxation.
Outside, you'll find both common and private outdoor spaces, ideal for hosting gatherings or simply basking in the North Carolina sunshine. With new carpet and a neighborhood that's just a stone's throw from downtown Cary, this home truly has it all.
Don't miss the chance to make this Cary gem your own!
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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