7740 Wilderness Road
About This Property
The open floorplan is anchored by a stone fireplace and a chef's kitchen with a large island, perfect for entertaining. A formal dining room adds sophistication for gatherings, while the first-floor primary suite provides convenience and luxury with tray ceilings, a custom walk-in closet, soaking tub, and separate shower. A main-level office with nearby full bath provides flexibility for remote work or guest use.
Upstairs includes a spacious loft, two oversized bedrooms, and extensive unfinished walk-in storage. Outdoor living shines with a screened porch, stone patio, and fenced yard overlooking the pond and greenspace with a neighborhood walking trail.
This property combines upscale finishes, a versatile layout, and a peaceful setting - all minutes from North Raleigh conveniences.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017