31
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924 Carnoustie Circle
About This Property
Inside, you'll find a functional multi-level layout featuring hardwood flooring, large windows with abundant natural light, multiple living areas, and a finished walk-out basement ideal for a family room, home office, media room, guest suite, hobby space, or multigenerational living. The lower level includes a spacious living area with a classic brick fireplace, built-in shelving, an additional bedroom, laundry room, and storage space.
The eat-in kitchen offers easy access to the expansive rear deck and patio, creating seamless indoor-outdoor flow for entertaining or relaxing beneath the mature tree canopy. Upstairs, the primary bedroom and additional bedrooms provide comfortable living space along with extensive built-in shelving and storage.
The large backyard offers exceptional privacy and usable outdoor space rarely found in newer construction communities. Oversized parking area plus covered carport. Potential backyard vehicle access for utility trailer or boat storage.
Enjoy convenient access to Cary greenways, Bond Park, Annie Jones Park, Waverly Place, Cary Parkway, US-1, and RDU Airport. Google Fiber available.
A rare combination of lot size, privacy, established surroundings, and flexible living space in one of Cary's most desirable locations.
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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