Located at 527 Ashley Run in Galvins Ridge, this Wilmington
floorplan offers approximately 2,824 square feet of flexible living
space designed for both everyday life and entertaining. A
dedicated flex room and formal dining room welcome you into the
home before opening into the spacious family room, breakfast area,
and kitchen. Quartz countertops, stainless steel appliances,
generous cabinetry, and an open layout create a comfortable
environment where everyone can stay connected.
Upstairs, the primary suite features a vaulted ceiling,
walk-in closet, and private bathroom. Three additional bedrooms all
include walk-in closets, while the loft provides additional living
space for a media room, fitness area, playroom, or home office.
Photos are not of the actual home or interior features
and are representative of floor plan only.
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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