Morning coffee on the screened porch, pickleball with neighbors,
and afternoons by the pool, we welcome you to the everyday living
at Fendol Farms. Located at 1006 Athena Drive in Durham, NC, this
two-bedroom, two-bath ranch pairs the ease of single-level living
with the recreation and connection of a well-established 55+
active-adult community. A stone-accented covered entrance sets the
tone for an inviting interior filled with natural light, plantation
shutters, crown molding, and warm wood LVP flooring throughout the
main living spaces. The open-concept kitchen, dining, and living
areas make hosting feel effortless, whether gathering around the
fireplace or keeping the conversation going while dinner comes
together. An expansive kitchen island with room for seating anchors
the space, complemented by a gas cooktop, stainless steel vent
hood, built-in wall oven and microwave, tile backsplash, generous
cabinetry, and pendant lighting. The adjoining dining area offers
room to linger over a meal, while a sun-filled sitting area creates
another inviting spot to read, relax, or enjoy a quiet start to the
day. Extend your living outdoors to the spacious screened porch,
where access to the backyard makes it an inviting retreat for a
relaxing afternoon. A secondary bedroom provides flexibility for
guests or a home office, and a separate laundry room with a utility
sink and an attached two-car garage add everyday practicality.
Beyond your front door, Fendol Farms offers a resort-style
community pool with lap lanes, a clubhouse and fitness center,
pickleball and tennis courts, bocce, walking trails, community
gardening plots, and a dog park. There are plenty of ways to spend
the day without leaving the neighborhood. Community clubs, fitness
classes, and social events offer opportunities to meet neighbors,
explore new interests, and stay as engaged as you choose. Enjoy a
Durham location that keeps exceptional healthcare close and your
next adventure within easy reach. Convenient access to Duke
University Hospital, nearby Duke Health primary and specialty care
in Brier Creek, and WakeMed Brier Creek Healthplex adds another
compelling reason to call this community home. Raleigh-Durham
International Airport (RDU) is a short drive away, making weekend
getaways, extended travels, and visits with loved ones that much
easier. With Brier Creek shopping and dining, Research Triangle
Park, and downtown Durham also conveniently accessible, 1006 Athena
Drive brings together an engaging community lifestyle, access to
outstanding medical care, and the freedom to explore beyond your
own backyard. Welcome home.
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.
HOA/Condo/Coop Amenities: Clubhouse, Dog Park, Fitness Center, Insurance, Landscaping, Maintenance Grounds, Management, Park, Parking, Party Room, Picnic Area, Playground, Pond Year Round, Pool, Racquetball, Recreation Facilities, Recreation Room, Spa/Hot Tub, Sport Court, Tennis Court(s), Trail(s), Trash
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