614 Swift Creek Crossing
About This Property
The large living room enjoys a stone fireplace flanked by built-ins, and the adjoining dining room is bright and open. The sunroom invites you in off the central living area, with its vaulted wood-plank ceiling, stone accent wall and skylights. The primary suite enjoys a spa-inspired ensuite bathroom with separate walk-in-shower and tub, dual vanities & tile floor. The secondary bedrooms are separated from the primary suite providing privacy for your guests. A home office overlooks the front yard with French doors off the foyer.
This home offers excellent expansion opportunities with a 2700 sq.ft. unfinished lower level - roughed-in for a bathroom, and room for more bedrooms, bonus room, fitness center, theater, or just tons of storage. Other upgraded features include a screen garage door, Generac generator, ceiling speakers, security system, irrigation, and more. The Estates section of The Hills at Southpoint offers luxury living within close proximity to shopping, UNC, Duke, hospitals, RDU & RTP. Come see 614 Swift Creek Crossing...
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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