716 Peninsula Forest Place
About This Property
Nestled on a hard-to-find large homesite backing to protected woods, this stately residence offers an unmatched setting that feels both private and grand. From the moment you arrive, the classic exterior and three-car side-entry garage set the tone for the elegance that awaits inside.
Step through the doors into a breathtaking two-story foyer with a sweeping curved staircase, creating a dramatic first impression. The soaring vaulted ceilings in the family room fill the home with natural light and architectural presence, while the open-concept design seamlessly connects everyday living with effortless entertaining. A formal dining room and private study add both sophistication and flexibility.
The chef's kitchen is appointed with quartz countertops, luxury appliances, and custom finishes, delivering both elevated design and everyday practicality.
The true showpiece of this home is the expansive first-floor primary suite, thoughtfully designed to blend luxury with function. Spacious, serene, and beautifully appointed, it offers a private retreat rarely found in today's market. Check out those views!
Upstairs, you will find generously sized secondary bedrooms, an open loft space, and a versatile bonus or media room, perfect for movie nights, play space, or a home gym. Abundant storage throughout ensures everything has its place.
Outdoors, enjoy the peaceful backdrop from your porch overlooking protected woodlands, a rare level of privacy in Cary, while still being just steps from the scenic American Tobacco Trail and neighborhood greenways.
Located in one of Cary's most amenity-rich communities, residents of Peninsula at Amberly enjoy access to pools, clubhouse, and vibrant neighborhood gatherings, all while being convenient to major highways, shopping, dining, and RTP. Don't miss out!
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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