What's Special: Large Kitchen Island | No Rear Neighbors | Covered
Patio | Loft | White Cabinets. New Construction - November
Completion! Built by America's Most Trusted Home Builder. Welcome
to the Harper at 516 Soar Lane in Eagle Trace! This inviting home
offers an open-concept layout where the kitchen, dining area, and
gathering room flow together to create a bright and comfortable
space for connecting with family and friends. The kitchen features
a large center island, pantry storage, and views of the covered
outdoor living area, making it easy to enjoy both indoor and
outdoor spaces. Upstairs, the private primary suite provides a
relaxing retreat with dual sinks, a walk-in shower with a built-in
seat, and a spacious walk-in closet. Three secondary bedrooms, a
full bath, and a versatile loft offer plenty of flexibility for
guests, hobbies, or working from home. A conveniently located
laundry room and thoughtful storage throughout add everyday ease to
this well-designed home. Enjoy serene walking trails, a playground,
and an open air pavilion just steps from home. Eagle Trace offers
comfort, connection, and small town charm-only minutes from Raleigh
and within the Wake County Public School District. Explore
Wendell's quaint downtown with its boutiques, restaurants, and
seasonal events. Additional Highlights Include: additional sink in
upstairs bathroom, additional windows in gathering room, and GE gas
appliance package. Photos are for representative purposes only.
MLS#10180047
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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