10011 Hammock Bend
About This Property
The home's prime location offers unparalleled convenience-just minutes from restaurants, grocery stores, retail shops, and with easy access to both downtown Chapel Hill and Durham. Perfect for a variety of lifestyles, the flexible layout includes a spacious main-level primary suite plus an additional bedroom on the first floor, ideal for guests, hobbies, or multi-generational living.
Enjoy the functionality of a dedicated home office and a formal dining room, while the cozy Breakfast Room provides the perfect setting for casual meals. The expansive family room invites you to relax and entertain in comfort.
Upstairs, you'll find a generous Bonus Room (easily used as a fifth bedroom), two large bedrooms, a finished storage space, and a vast unfinished storage area-plus an unfinished walk-up attic that offers even more potential.
One of the home's standout features is its beautifully landscaped yard, a tranquil oasis for gardeners or anyone who loves outdoor living.
Governors Forest is an exclusive community of just 51 large-lot homes ranging from 3,000 to 5,500 sq ft. Residents enjoy access to a nearby pool, playground, and courts for tennis, volleyball, and basketball-all included with the HOA.
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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