1051 Spacious Skies Lane
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Real Broker, LLC | $390,000 | |
| Listed by Real Broker, LLC | |||
| | |||
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Welcome to 1051 Spacious Skies, a three bedroom home in Hanover Pointe community in Durham only 10 minutes to RTP and Brier Creek and downtown Durham.
After stepping inside to the large welcoming foyer, you are greeted by an open great room where all the good things happen together seamlessly. The spacious living room is perfect for entertaining guests or enjoying cozy evenings with family. The kitchen has ample cabinet space, endless granite counters, gas stove, and a large pantry. Upstairs, you will find generously sized bedrooms, including a luxurious master suite with a walk-in closet and an en-suite bathroom. In addition to the three bedrooms you have a spacious loft.
This home also boasts a private backyard with 6ft private fencing. Residents of Hanover Pointe enjoy access to community amenities such as a swimming pool and playground.
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| Oct 15, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by EXP Realty LLC | $277,500 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017