1019 Big Spring Circle
About This Property
Inside, you'll find an open airy floorplan with vaulted ceilings and hardwood floors. The kitchen features granite counters, stainless appliances and an island overlooking the family room with fireplace. A first-floor primary suite, and two additional bedrooms are on the main level. The upstairs room with full bath and walk in closet offers flexible space for guests, an office, or a workout spot.
Unwind in your private backyard oasis - complete with a screened porch, fenced yard, wooded backdrop, and soothing hot tub.
Brightleaf at the Park is is a community known for its pool, tennis, trails, and friendly sidewalks. Just minutes from Research Triangle Park, RDU Airport, and Downtown Durham, this home delivers space, style, and location all in one.
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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