713 Marsh Grass Drive
About This Property
Step inside to a stunning two-story entry and two-story family room, filled with natural light and anchored by a cozy fireplace overlooking the fenced backyard, perfect for relaxing or entertaining. The main level shines with all-new flooring and a completely renovated kitchen featuring new cabinetry, countertops, and appliances. A separate dining room, updated half bath, renovated laundry room, and one-car garage complete the main floor.
Upstairs you'll find four spacious bedrooms, including a partially renovated owner's suite, offering comfort and flexibility for today's lifestyle.
The owners have meticulously maintained and upgraded this home, including a new second-floor A/C unit, replaced exterior siding boards, new deck boards, fresh landscaping, and the addition of a fence; making this home truly move-in ready.
Enjoy resort-style neighborhood amenities with community pool, clubhouse, four lakes/ponds stocked with fish, two tennis courts, playground, volleyball area, and multiple pet stations. The neighborhood is also in the process of being connected to the Neuse River Greenway trail! Conveniently located near shopping, dining, WakeMed Hospital, and major highways, this home delivers the perfect blend of upgrades, location, and community living.
INVESTORS- rentals are allowed, minimum of 60 day lease terms per HRW Associa who manages the HOA.
Motivated sellers! Bring your offers!
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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