1026 Homecoming Way
About This Property
Upstairs, you'll find all three bedrooms along with a versatile loft/flex space -ideal for a playroom, home gym, or media area. The spacious primary suite is filled with natural light, and the ensuite bath offers dual sinks and a beautifully designed tile inlay shower with a built-in bench.
Enjoy the convenience of an upstairs laundry room, making chores a breeze. Step outside to a fully fenced backyard complete with a patio, perfect for relaxing with a glass of iced tea, and a charming covered front porch. The home is beautifully landscaped, adding to its curb appeal.
HOA includes access to the clubhouse, pool, playground, soccer field, and dog park -offering plenty of ways to relax, stay active, and connect with neighbors. Convenient to ZincHouse Winery & Brewery, Downtown Durham, Brier Creek, RDU and more!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017