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9809 Providence Forest Lane
About This Property
Step inside to gleaming hardwoods, pleasing neutral wall color, new lighting and fixtures throughout and newer carpet in the bedrooms and bonus room - all updates that create a fresh, move-in-ready feel. The kitchen features new quartz countertops, a new sink and disposal, new refrigerator, new stovetop and hood, new dishwasher and two pantries! Just off the kitchen, the cozy family room with a gas fireplace is the perfect place to unwind, while the oversized living room offers wonderful flexibility for entertaining family and friends, creating a spacious home office-or both! Other main level updates include a powder room refresh and a new tile floor in the the laundry room.
Upstairs, you'll find beautiful hardwoods in the hallway, four generously sized bedrooms and two full baths with new quartz countertops and updated fixtures. A large bonus room offers even more versatile living space and has abundant storage in the eaves.
Additional highlights include a workshop/storage room off the garage and a fully encapsulated crawlspace. A new glass storm door welcomes you at the front entry and adds to the home's classic appeal.
Providence Forest is known for its beautiful, tree-lined setting and welcoming sense of community, where neighbors gather throughout the year for special events including trick-or-treating, winter festivities, and other neighborhood traditions that create a wonderful sense of belonging. Award-winning South Charlotte schools and an incredible location just minutes from the Arboretum, Rea Farms, Waverly, Blakeney, Stonecrest and Ballantyne make this home one you won't want to miss.
This is a wonderful opportunity to enjoy an established South Charlotte neighborhood, an exceptionally deep lot, and a beautifully updated home in a location that's hard to beat. Absolutely charming and truly move-in ready! Showings begin Friday September 11.
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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%.
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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