$800,000
●
House -
Off Market
8480 Kennebec Road
Willow Springs, NC 27592
3 Beds
2 Baths,
1
Half Bath
3,195 Ft²
$4,559
Est. Monthly
2.31%
Cap Rate
About This Property
Bring the cars, boats, RV & toys! This amazing home has a gourmet
kitchen that boasts quartz countertops, SS appliances & gorgeous
hardwood floors. 1st floor primary BR offers a private retreat. 2
bedrooms plus 2 flex rooms up allow separate space for family
members or guests. The open layout is perfect for entertaining
friends and loved ones. Downstairs, the vaulted front room is ideal
for working remote. Parking will never be an issue with the
attached 2-car garage, and a detached 6-car garage complete with a
workshop. There's even an RV garage for those who love to hit the
road in style. TOTAL of 9 GARAGE SPACES! Plenty of room for all
your toys. 1.62 acres, large deck & screened porch are perfect for
outdoor entertainment. Attention to detail is evident throughout,
from the stunning finishes to the pristine crawl space to the
generator and central vacuum system.
Minutes from downtown Fuquay Varina and conveniently located near shops, restaurants, schools, and other amenities.
Minutes from downtown Fuquay Varina and conveniently located near shops, restaurants, schools, and other amenities.
Unit Size
3,195 Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$274
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
2003
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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 #10000166)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
About Wake
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Listed by: Michelle Gelston, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10000166
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10000166
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