700 Sawmill Road
About This Property
Set on a spacious .28-acre corner lot, this well-maintained 3-bedroom, 2-bath ranch offers timeless charm and unbeatable convenience. Just a short walk to Mine Creek Greenway, Sola Coffee, Gonza Tacos, Two Roosters, and more, you'll love the vibrant, walkable lifestyle.
Inside, enjoy hardwood floors throughout, plus key updates including a new roof (2020), HVAC (2021), water heater (2018), and sealed crawl space with vapor barrier.
Commuting is a breeze with quick access to I-540, Creedmoor Road, and Glenwood Avenue-all under 10 minutes away.
This North Raleigh gem blends location, value, and character-don't miss it!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017