10 Sunrise Place
About This Property
An oversized detached two-car garage includes a 21x7 powered workshop, and the long, flat driveway provides ample parking. The fully fenced backyard is level and surrounded by mature trees -- ideal for entertaining, play, or gardening.
Inside, real hardwood floors run throughout the living areas and bedrooms. The spacious living room anchors the home, custom closets add thoughtful storage, and the primary bath has been updated. The kitchen features a brand new dishwasher, sink, and garbage disposal (2026) along with a refrigerator less than three years old.
Major capital improvements include a high-efficiency HVAC system (2025) with built-in UV filtration and Air Scrubber purification, reverse osmosis water filtration at the sink and ice maker, roof replaced in 2019, and fresh interior paint (2026).
Convenient to Duke University and downtown Durham while maintaining residential privacy, this move-in ready home offers meaningful upgrades and strong long-term value in one of Durham's most consistently desirable neighborhoods.
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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