5603 Whisperwood Drive
About This Property
Enjoy the comfort and durability of easy-care porcelain tile flooring throughout the main level, along with a formal dining room, gas-log fireplace, and a light-filled sunroom-perfect for morning coffee or relaxing evenings.
The primary bedroom is conveniently located on the main floor, offering privacy and ease of access. Step outside to a large, fully fenced backyard that backs to HOA-owned open space and a serene forest area managed by the Army Corps of Engineers-providing peace, privacy, and beautiful views year-round.
Additional highlights include two pull-down attics and a walk in attic space for storage, a Simply Safe security system, all appliances convey, and most personal property in the home can convey, making this a truly move-in-ready opportunity.
Located just minutes from I-40, Hwy 885, and close to RTP, RDU Airport, Cary, and an array of shopping and dining options, this home also enjoys proximity to the neighborhood pool, tennis courts, and scenic walking trails.
Don't miss this rare chance to own a home in a prime location with natural surroundings and modern convenience!
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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