8403 Royster Run
About This Property
Inside, freshly refinished and richly stained hardwood floors (2025) span the main level, complemented by new light fixtures and ceiling fans that bring a fresh, updated feel. The enclosed office with custom built-ins provides a functional and stylish space for working from home or a quiet retreat.
The stunning two-story living room is filled with natural light from a wall of windows and anchored by a cozy fireplace with built-ins, creating a space that feels both open and welcoming. The kitchen features white cabinetry, stainless steel appliances, and a layout designed for easy everyday living and entertaining.
The main-level primary suite is thoughtfully positioned for easy main-floor living, while additional spaces provide flexibility for guests, hobbies, or everyday needs. Step outside to the expansive back deck overlooking a private backyard-ideal for everything from peaceful mornings to hosting friends and family.
Located in the highly desirable Waxhaw-this home is close to Blakeney and Waverly shopping centers, downtown Waxhaw, Ballantyne Bowl, Marvin Efird Park and about 30 minutes to uptown Charlotte!
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Cap Rate Calculator
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 15, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Keller Williams Connected | $750,000 | |
| Listed by Keller Williams Connected | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017