8494 Bringle Ferry Road
About This Property
Step inside to an inviting open floor plan featuring a grand living room, dining area, and a spectacular kitchen. The kitchen is a true showstopper, boasting granite countertops, abundant cabinetry, ample counter space, and a spacious walk-in pantry-perfect for everyday living and entertaining alike. Beautiful rustic-style luxury vinyl plank (LVP) flooring runs throughout the home, enhancing its warmth and character.
The primary suite offers a relaxing retreat with a large walk-in closet and a spa-like bathroom complete with a marble double vanity and a tiled walk-in shower. The secondary bedrooms are generously sized with excellent closet space, while the additional bathrooms provide both style and convenience for family and guests.
Enjoy outdoor living on the rear patio overlooking a fenced backyard-ideal for family gatherings, pets, and play. Located in the desirable East Rowan School district, this home is just minutes from High Rock Lake and nearby boat launches, giving you easy access to lake life without the premium price. Experience the best of country living while still being close to shopping, dining, and I-85 for an easy commute.
This home truly has it all-style, space, and location!
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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