$713,600
●
House -
Off Market
7709 Summercrest Drive
Apex, NC 27539
4 Beds
3 Baths
2,567 Ft²
$3,894
Est. Monthly
3.40%
Cap Rate
About This Property
Rare find! Beautiful, move-in ready home located on 1.7 acres in
the Summercrest subdivision, adjacent to Danbury of Regency. No HOA
or City Taxes!
With the primary bedroom as well as a secondary bedroom on the first floor, this beauty has an updated kitchen featuring quartz counters, soft close drawers & doors, subway tile backsplash, center island, pull-out shelving and stainless appliances.
Enjoy the year-round peaceful serenity of the wooded backyard from the sunroom with operable windows and screens.
In addition to an attached 2 car garage, this property features a detached, wired garage with a 8.75 foot door.
Use the cute backyard small house as a playhouse, She Shed, workshop or for storage.
Don't miss the walk-in storage off of the bonus room as well as the second floor bedroom closet.
Sellers are the original owners and have meticulously maintained this home. They have fenced part of the yard and installed a Kenetico water softener.
Located in a prime location minutes from Koka Booth Amphitheatre, Symphony Lake Greenway, Downtown Apex, Waverly Place, Lifetime Fitness and Wake Med Cary.
With the primary bedroom as well as a secondary bedroom on the first floor, this beauty has an updated kitchen featuring quartz counters, soft close drawers & doors, subway tile backsplash, center island, pull-out shelving and stainless appliances.
Enjoy the year-round peaceful serenity of the wooded backyard from the sunroom with operable windows and screens.
In addition to an attached 2 car garage, this property features a detached, wired garage with a 8.75 foot door.
Use the cute backyard small house as a playhouse, She Shed, workshop or for storage.
Don't miss the walk-in storage off of the bonus room as well as the second floor bedroom closet.
Sellers are the original owners and have meticulously maintained this home. They have fenced part of the yard and installed a Kenetico water softener.
Located in a prime location minutes from Koka Booth Amphitheatre, Symphony Lake Greenway, Downtown Apex, Waverly Place, Lifetime Fitness and Wake Med Cary.
Unit Size
2,567 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$282
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1993
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #10071077)
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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ft²
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Listed On
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Sold On
HOA + Taxes
About Summercrest
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Listed by: Sonya May, Keller Williams Realty Cary
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10071077
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10071077
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