742 Roy Adams Road
About This Property
Welcome to this thoughtfully designed home in the desirable Myrtle Meadows community. The open-concept main floor features a large great room ideal for entertaining, seamlessly connected to a casual dining area and a modern kitchen with ample cabinetry and a generous pantry. A private study and convenient powder room complete the first level.
Upstairs offers four generously sized bedrooms, including a luxurious owner's suite with a walk-in closet and private en-suite bath. A versatile loft and centrally located laundry room add convenience and flexibility to the second floor.
Situated on a spacious homesite, this residence combines small-town charm with modern convenience, providing easy access to Downtown Angier's shops and dining, plus major highways connecting you to the greater Triangle area. The community's amenities and natural tree buffer create a peaceful and welcoming environment.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Relisted | $317,065 | |
| Relisted | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by Lennar Carolinas LLC | $317,065 | |
| Listed by Lennar Carolinas LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017