$515,000
●
House -
Off Market
103 Station Drive
Morrisville, NC 27560
3 Beds
3 Baths,
1
Half Bath
2,936 Ft²
$2,918
Est. Monthly
$30
HOA / Fees
4.14%
Cap Rate
About This Property
Seller providing 1 YEAR HOME WARRANTY. Preferred lender provides up
to $4,000 in closing costs. Welcome to your dream home featuring a
spacious open floor plan, perfect for hosting gatherings & making
cherished memories. The inviting family rm seamlessly connects to
the well-appointed kitchen, boasting sleek hard surface
countertops, a central island, and top-of-the-line stainless steel
appliances. Adjacent to the kitchen, a sunlit dining room awaits,
making mealtime a delight. Venture upstairs and discover a
versatile loft area, two generously sized bedrooms, & the stunning
primary bed suite. The primary bed is a true retreat with a
picturesque tray ceiling, offering a serene ambiance. Pamper
yourself in the ensuite bathroom equipped with a luxurious walk-in
shower, double sink vanity, a relaxing tub, & ample walk-in closets
for all your storage needs. Ascend to the third floor and find a
massive bonus room, another full bathroom, & valuable attic space,
providing limitless possibilities for customization. This home has
received recent updates, including a fresh interior paint job,
epoxy flooring, and much more!
Unit Size
2,936 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$179
Property Type
House
Property Taxes
$311
HOA Dues
$30
Year Built
2007
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (TMLS #2531229)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Durham
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Listed by: Ahmed Mustafa, Keller Williams Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2531229
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2531229
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