Welcome to 507 Ashley Run at Galvins Ridge in Sanford, NC!
The Cali is a spacious and modern single-story home offering
3 modern elevations and designed with open concept living in mind.
This floorplan features 4 bedrooms, 2 bathrooms, 1,764 sq. ft. of
living space, and a 2-car garage. Upon entering the home, you'll be
greeted by an inviting foyer that leads directly into the heart of
the home. This open plan features a living room, dining room, and
well-appointed kitchen. The kitchen is equipped with a corner
walk-in pantry, stainless steel appliances, and a large island with
a breakfast bar, making it perfect for both cooking and casual
dining. The Cali also features a large main
floor primary bedroom, complete with a spacious walk-in closet, and
a primary bathroom with a dual vanity and a separate shower. The
additional three bedrooms and secondary bathroom are located at the
opposite end of the home, providing optimal privacy for both you
and your guests. Its covered porch, located at the back of the
home, is ideal for outdoor entertaining or unwinding after a long
day. Galvins Ridge is located in the booming
Sanford, North Carolina! This thoughtfully designed master-planned
community will feature a wide array of single-family and gathering
spaces throughout the community to stay connected with friends and
family. Planned amenities include a: pool, clubhouse, outdoor
courts, paved walking trails, dog parks, a fishing pond, and more!
It is conveniently located off Highway 1 within 10 minutes of major
area employers in Central Carolina Enterprise Park and Triangle
Innovation Point including Pfizer, Caterpillar, Astellas, and
Vinfast. Our community is 15 minutes from 540, 20 minutes from
Holly Springs Towne Center, 35 minutes from Raleigh, 35 minutes
from RTP, 45 minutes to Fort Bragg, and minutes from historic
downtown Sanford with plenty of shopping and dining! Only 15 mins
to Highway 540, 18 mins to Apex, 20 mins to Holly Springs Towne
Center.
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.
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