829 Joyner Court
About This Property
The roof was installed in 2017, new water heater in 2021 and encapsulated crawlspace completed in February 2025.
The primary suite is on the first floor and has two closets and an updated bathroom with granite countertops, new, Toto toilet installed in 2024. Tube/shower combination with two sinks and plenty of storage underneath.
Half bath on 1st floor has new Toto toilet installed in 2024 and is adjacent to the laundry area located right outside of the primary suite.
Step out onto the screened porch that is attached to the deck. Both overlook a huge, fenced backyard and the fence was just installed in 2024.
On the second floor, you will find two bedrooms (one currently used as an office) with walk in attic storage.
This house has some great features with Ting high-speed internet, only two blocks to Tyler Run Park with playground, basketball court, kids baseball field and a batting cage. Sidewalks adorn the main roads and the community is its own hub of activity.
Downtown Wake Forest is bustling with great restaurants, live music, bars, coffee shops and street events throughout the year.
The seller of this home is a licensed real estate agent.
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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